2023CO3640R
Note ID
3,327 SqFt
Size
5
Bedrooms
6
Bathrooms
Description
The property is a recently built single family in the lower highlands neighborhood of Denver. It is listed for sale currently at $2,245,000.00. The loan is a bridge to payoff the construction loan until the property is sold.
Address
- Country: United States
- Province / State: Colorado
- Postal code / ZIP: 80211
- Note ID 2023CO3640R
- Price Note Size: $1,650,000
- Property Type Single Family
- Property status > $1.5MM Remaining, Coming Soon
- Bedrooms 5
- Bathrooms 6
- Year Built 2023
- Size 3,327 SqFt
- Label Partial Note
- Note Type Transactional Bridge
- Whole Note - Annual Yield (%) N/A
- Participation - Annual Yield (%) 10%
- Loan Maturity Date (MM/DD/YY) 09/18/2024
- Property Current Value ($) $2,245,000
- Property Construction Budget ($) $0
- Loan to Current Value (%) 75%
- Loan to After Repair Value (%) 75%
- Property Rent Estimate ($) 6,000
- Invest - Participation Agreement Coming Soon.
- Invest - Whole Note Agreement Coming Soon.
Sponsor & Guarantor
Aaron K.
Similar Notes
The property is a recently built single family in the lower highlands neighborhood of Denver. It is listed for sale currently at $2,245,000.00. The loan is a bridge to payoff the construction loan until the property is sold. 3642 Mariposa St, Denver, CO 80211 | Redfin
This loan is a second position loan behind the borrowers existing ~$950K loan with a bank at less than 3%. The purpose of the loan is to complete a light renovation including paint, carpet/flooring upgrades, lighting, landscape and other minor improvements along with staging to maximize the speed and price of sale. With the $150,000 […]