SOLD: 15.70% return on investment in 310 days
198 Bear Cub Way, Bogart, GA 30622
Property ID
LQ PV 24
Acres in the field
0.75
Property type
Rural residential
Property details
- City: Bogart
- County: Jackson
- State: Georgia
- Current zoning: Residential
- Plot size (in acres): 0.75
- Power: On the road
- Water: Well to be installed
- Sewer or septic tank: Septic tank to be installed
Transaction details
| Total capitalization | $44,991 |
| Estimated selling price (net) | $55,000 |
| Expected time for completion of transaction | 400 days |
| Percentage of partner funding required | 100% |
| Distribution of profits among partners | 50%/50% |
| Anticipated profit on transaction (after closing costs) | $10,000 |
| Benefits expected by the investor | $5,000 |
| Investor's expected return on investment | 11.11% |
Summary of investment (SOLD)
| Investment date | 8/24/2022 |
| Date of sale | 6/30/2023 |
| Investment period | 310 days |
| Sale price (net) | $52,980 |
| Net income | $7,064 |
| Investors' profits | $3,532 |
| Investor ROI | 7.85% |
Features
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Electricity on the road
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Dish
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Growing demand
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Access to the law
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No HOA
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Physical access
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