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Updated over 9 years ago,

User Stats

9
Posts
0
Votes
Ellen Poth Alvarado
  • Involved In Real Estate
  • Houston, TX
0
Votes |
9
Posts

$5 Million Note for Sale @ 9% Interest

Ellen Poth Alvarado
  • Involved In Real Estate
  • Houston, TX
Posted

Note face value: $5,000,000 USD

Interest Rate: 9%

LTV: 66.67%

Collateral: 330 Unit apartment complex in Memphis, TN valued at $7,500,000

Term - 3 years with 6 month interest prepayment penalty

Borrower is purchasing property and bringing $2,500,000 to close 

Looking for

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