NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Owner AMOUNT: $1,500,000
TITLE: NEW LAND NOTE--MULTIFAMILY
 
TYPE: CASH PAPER
IF CASH: WILL PURCHASE WILL LEND
IF PAPER: CREATED SECURED CARRYBACK
 
REQUIREMENTS: Yield/Return Expectations:   6.00 %
  Loan-to-Value Ratio:   60.00 %
  Leverage:   80.00 %
 
GEOGRAPHIC
PERIMETERS:
Colorado Springs
PROPERTY TYPE: High Density Multi-Family Land
TERM LIMITS: 1-30 years
BENEFITS
SOUGHT/REMARKS:
Broker will buy 19.66 acres of high density Multi-family land in Colorado Springs and deliver First Note/DOT in exchange for improved property. Note Shall allow for substitution of collateral and first right.
SEEKING TO
SOLVE:
Management
Rehab
Financial
  Reconfiguration/Convertible Use
  Other     development
 
COUNSELOR: Blake Allen, EMS
Allen Realty
108 Canon ave
Manitou Springs, CO 80829
Phone: (719) 685-0707
Cell: (719) 684-4123
Fax: (719) 685-0400
blakeallenrealty@gmail.com
 
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