SOLD: 40.74% return on investment in 298 days
McDonald Rd, Dahlonega, GA 30533
Property ID
HZLQ PV 25
Acres in the field
1.22
Property type
Rural residential
Property details
- City: Dahlonega
- County: Lumpkin
- State: Georgia
- Current zoning: Residential
- Plot size (in acres): 1.22
- Power: On the road
- Water: Well to be installed
- Sewer or septic tank: Septic tank to be installed
Transaction details
| Total capitalization | $24,509 |
| Estimated selling price (net) | $30,000 |
| Expected time for completion of transaction | 350 days |
| Percentage of partner funding required | 100% |
| Distribution of profits among partners | 50%/50% |
| Anticipated profit on transaction (after closing costs) | $5,500 |
| Benefits expected by the investor | $2,750 |
| Investor's expected return on investment | 11.22% |
Summary of investment (SOLD)
| Investment date | 8/22/2022 |
| Date of sale | 6/16/2023 |
| Investment period | 298 days |
| Sale price (net) | $35,845 |
| Net income | $9,986 |
| Investors' profits | $4,993 |
| Investor ROI | 20.37% |
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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