NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Owner AMOUNT: $225,000
TITLE: 1st Note Secured by Res Housing 5plex
 
TYPE: CASH PAPER
IF CASH: WILL PURCHASE WILL LEND
IF PAPER: CREATED SECURED CARRYBACK
 
REQUIREMENTS: Yield/Return Expectations:   8.00 %
  Loan-to-Value Ratio:   60.00 %
  Leverage:   60.00 %
 
GEOGRAPHIC
PERIMETERS:
None
PROPERTY TYPE: 5 unit apartments, 2 bedroom / 1bath units
TERM LIMITS: 3
BENEFITS
SOUGHT/REMARKS:
1st Note, Secured by Performing 5 unit Apartment
SEEKING TO
SOLVE:
Management
Rehab
Financial
  Reconfiguration/Convertible Use
  Other     
 
COUNSELOR: Norman Alexander
RoadRunner Realty
116 S Gemstone
Ridgecrest, CA 93555
Phone: (760) 608-2545
Cell: (760) 608-2545
Fax: norman@roadrunnerhomes.com
 
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