Timing: Request Letters of Intent to purchase by June 30, 2026
Closing: Within 15 days of recieving formal approval from the City of Port Wentworth, but no later than 1/31/27.
Status of Land at Closing: Fully entitled adn permit ready with no infrastructure installed by Seller. A lift station will be necessary.
Purchase Price: Upfront payment, $40,000 per lot.
If structured payment, $50,000 per lot. No more than 2 takedowns.
Methods of purchase:
1. All cash at the initial and subsequent purchase.
2. if at least 50% of total consideration is paid at the intial closing, Seller will consider structures that meaningfully increase overall proceeds (true-up or fixed price payments upon the sale of the homes.