San Diego 91 Acres 4 way split (2 of 3 100K each)

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
  • State
  • County
    San Diego
  • City
    Valley Center
  • GPS
  • Curent Zoning
  • General Elevation
  • Taxes
  • Conveyance
    Grant Deed/Warranty Deed
  • Sewer
    5 septic sites already tested and ready to go for 4-5 bedroom houses
  • Parcel Size (in acres)
    91 acres
  • Zip
  • Title Info
  • Access
    Paved road on two sides and dirt roads into the property
  • Terrain
    hills and valleys. 5 house sites with engenering
  • HOA Fees
  • Power
    Power is on two sides and an old line is up the middle of the property.
  • Water
    8" agriculture water well, multiple city water hookups along the road, fire hydrants and a stream
  • Phone
    Phone box across the street

Transaction Details

Total Transaction Purchase Price (including closing costs): $665000
Anticipated Sale Price: $1500000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 180 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 15.5%
Equity Partner Profit Split: 50/50%
Anticipated Budget: $1,500,000-665,000=835000, 835,000*.5=417,500, 835,000*.5=417,500

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