CONTROL:
Broker
PRICE:
$275,000
FACE VALUE:
$275,000
BALANCE OWING:
$275,000
MONTHLY PAYMENT:
$1
ANNUAL PAYMENT:
$12
INTEREST RATE:
0.00%
ORIGINATION DATE OF NOTE:
Nov 28, 2025
MATURITY DATE OF NOTE:
Nov 15, 2031
HAVE:
Note to be created with or without concurrent sale on terms to be negotiated to merge benefits of parties.
CAN ADD:
What do you need.
REMARKS:
NNN lease in place on commercial and 5 cabins @ 1k/mo plus 8 RV spaces
$595000 is list price in NY market for property which is the collateral for the note(s).
NOTE COLLATERAL INFORMATION
TYPE OF COLLATERAL:
Building
LOCATION:
Upstate Resort area, New York
RECORDED LIEN POSITION:
2nd
SENIOR DEBT AMOUNT:
$1
INSTRUMENT OF SECURITY:
Mortgage
PERSONAL GUARANTEE?
Yes
COLLATERAL VALUE:
$595,000
COLLATERAL ANNUAL EXPENSES:
$1
COLLATERAL NOI:
$2
COUNSELOR:
Dan Sanders
BCPI / Spartan Realty
P.O. Box 2030
Del Mar,
California,
92014
