Deal Features:
- 52% LTV based on current appraisal.
- 11.5% return to investors, interest paid monthly.
- Eighteen (18) month loan term.
- First Deed of Trust/Land.
This loan was collateralized by a first trust deed on approximately 10.03 gross acres (7.64 net acres) located in Indian Springs, Nevada. The property is currently zoned R-3 (residential 18 dwelling units per gross acre) and has water and sewer lines to the property. The property is adjacent to Indian Springs Commercial Core with 775 feet of frontage on U.S. Highway 95. The property is located in front of the proposed 180-unit (approximately) home development by Beazer Homes.
To learn more about Battle Born Capital, LLC please visit our website at: www.battleborncap.com.
For more information regarding this loan or our overall lending capabilities, please contact us at 702-971-2238 or by email at astevens@battleborncap.com
Battle Born Capital, LLC
3275 South Jones Boulevard, Suite 105
Las Vegas, Nevada 89146
T 702.971.2283
NMLS: #1658143
