Battle Born Capital, LLC closes on a $780,000 first trust deed investment in Las Vegas, Nevada

Deal Features:

  • 56% LTV based on current appraisal.
  • 11% return to investors, interest paid monthly.
  • 12 month loan term, (optional 6 month extension).
  • First Deed of Trust/Purchase and Development.
  • Loan Amount: $780,000.00

The project consist of approximately 5.33 acres zoned 36-units per acre, located at  the southeast corner of Smoke Ranch Road and Decatur Boulevard, Las Vegas, Nevada.  The property is zoned to build 191 senior housing units.