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 |