Henderson Restaurant Property for Refinance
Interested in learning more about this investment? Contact Us and we will be happy to assist you!
Fully Funded - Currently Earning Interest
Call 702-848-5513 For Details
Loan Amount: $1,150,000
Collateral: First Trust Deed on 3510 sq ft building built in 1999 on 0.49 acres located in Henderson, NV 89014. Property is current occupied by a tenant.
Loan-to-Value: Estimated at 68% based on a $1,700,000 value. BPO has been ordered and loan will not close until value is properly identified.
Interest Rate: 12.25% per annum, paid monthly. Note rate is 12.5%.
*NV Capital Corporation will receive a .25% interest override.
Minimum Interest: Six months minimum interest guaranty. No prepayment penalty after six months.
Term: 12 Months.
Borrower/Guarantor Profile: Call for details. Returning Borrower
RISK DISCLOSURE All real estate markets can be negatively affected by interest rates, availability of capital, supply and demand factors, and general economic conditions both locally and nationally. The investor should review this proposal with these risk factors in mind, and base the investment decision on both existing market conditions and potential changes in the economy, as well as the investor’s personal objectives and risk tolerance.