SOLD: 39.89% return on investment in 120 days
BLOUNT RD, Jackson, GA 30233
Property ID
LQ PV 40
Acres in the field
3.4
Property type
Rural residential
Property details
- City: Jackson
- County: Monroe
- State: Georgia
- Current zoning: Residential
- Plot size (in acres): 3.40
- Power: On the road
- Water: Well to be installed
- Sewer or septic tank: Septic tank to be installed
Transaction details
| Total capitalization | $22,909 |
| Estimated selling price (net) | $33,000 |
| Expected time for completion of transaction | 300 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 | $4,500 |
| Investor's expected return on investment | 19.64% |
Summary of investment (SOLD)
| Investment date | 2/28/2023 |
| Date of sale | 6/28/2023 |
| Investment period | 120 days |
| Sale price (net) | $33,322 |
| Net income | $9,138 |
| Investors' profits | $4,569 |
| Investor ROI | 19.94% |
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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