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Large transitional track located just minutes from the booming city of Woodruff and less than 2 miles from Interstate 26. This large, 41. 64 acre track, is in a prime location making it very favorable for industrial or residential development. The new 100 million dollar Woodruff High School investment is only 1. 5 miles away and the 700 million dollar BMW Battery Plant investment is only 6 miles away. There is also multiple surrounding land tracks currently under development within a 10 minute radius. Currently all utilities are available except sewer. Sewer tap is approximately 1. 5 miles away but it is expected to expand down Cross Anchor Highway in the next few years enhancing the development potential. This is a must see for developers. Call today to schedule your own private viewing.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $2,320,000 | $2,320,000 | $2,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.907% | 6.610% | 6.535% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,285 | $14,664 | $20,051 |
Total Monthly Payment | $14,410 | $14,789 | $20,176 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.