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Updated about 1 month ago on .
π’ Seeking Lender for Land-Backed Loan: $400K - $500K
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:
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22 lots, ranging from 1.2 to 3.5 acres (total: 48.5 acres)
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Lot values: $40,000 - $50,000 per lot or more
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Land is free and clear
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Road access and electricity available
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Located behind the Lakeshore development, where lake homes sell for $500K - $900K
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High-demand area with nearby resorts, full RV sites, and strong buyer interest
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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 youβre a lender or know someone interested, letβs discuss structuring a deal. Serious inquiries only.
π© DM