Tulip Dr. Gainesville, GA

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    None
  • State
    GA
  • County
    Hall
  • City
    Gainesville
  • GPS
    34.2860, -83.7864
  • Curent Zoning
    AR4 - Mobile and Modular homes are allowed
  • General Elevation
    Unsure, but not in a Flood Zone
  • Taxes
    $approximately 160/year
  • Conveyance
    Cash sale property conveyed at the time of closing
  • Sewer
    Septic
  • Parcel Size (in acres)
    2.28
  • Zip
    30507
  • Title Info
    Owner: Stacy Young
  • Access
    Road Access Cul-de-sac
  • Terrain
    Lots of foliage and trees. Fairly flat.
  • HOA Fees
    None
  • Power
    Public
  • Water
    Public
  • Phone
    Public

Transaction Details

Total Transaction Purchase Price (including closing costs): $32,000
Anticipated Sale Price: $55,000
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: 100, but I am flexible. I am willing to put in $5000. I have already put in a $1,000 deposit.%
Equity Partner Profit Split: 50/50 with no contribution from me. 60/40 me if I put in additional money. I have already put $1,000 down as the deposit.%
Anticipated Budget: $55,000 sales price - 5,500 estimated sales cost with realtor/broker - 32,000 purchase price = 17,500, so 8,750 to each of us

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