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Updated 7 days ago on .

User Stats

34
Posts
3
Votes
Gene May
  • Lender
  • PO BOX 201 Osage, MN 56570
3
Votes |
34
Posts

šŸ“¢ Seeking Lender for Land-Backed Loan: $400K - $500K

Gene May
  • Lender
  • PO BOX 201 Osage, MN 56570
Posted

We are looking for a lender who can provide a loan of $400,000 to $500,000, secured against 22 prime lots with a current value of $800,000 to $900,000. These funds will be used to acquire a nursing facility.

Property Details:

āœ… 22 lots, ranging from 1.2 to 3.5 acres (total: 48.5 acres)
āœ… Lot values: $40,000 - $50,000 per lot or more
āœ… Land is free and clear
āœ… Road access and electricity available
āœ… Located behind the Lakeshore development, where lake homes sell for $500K - $900K
āœ… High-demand area with nearby resorts, full RV sites, and strong buyer interest
āœ… Public lake access runs alongside the property line

This is a prime investment opportunity, as the area attracts steady interest from buyers looking for private land near lakes and resorts. When we sold 8 nearby lake lots, they were all gone within 30 days!

If youā€™re a lender or know someone interested, letā€™s discuss structuring a deal. Serious inquiries only.

šŸ“© DM