NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Exclusive AMOUNT: $750,000
TITLE: 1031 PAPER: FIRST NOTE ON COLORADO SPRINGS APARTMENTS
 
TYPE: CASH PAPER
IF CASH: WILL PURCHASE WILL LEND
IF PAPER: CREATED SECURED CARRYBACK
 
REQUIREMENTS: Yield/Return Expectations:   5.50 %
  Loan-to-Value Ratio:   64.00 %
  Leverage:   92.00 %
 
GEOGRAPHIC
PERIMETERS:
2241 E. Platte Pl and associated addresses
PROPERTY TYPE: Multi-family
TERM LIMITS: 5 years
BENEFITS
SOUGHT/REMARKS:
Move equity into higher class units in Colorado Springs, CA, NV,AZ, or NM. Have owned this long enough and want something else. Must be passive income. Residential preferred. Can add $315 more paper, one acre of land at $100k.
SEEKING TO
SOLVE:
Management
Rehab
Financial
  Reconfiguration/Convertible Use
  Other     1031 paper
 
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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