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  • Writer's pictureStephen Sinko

55+ Airlands Rehab

Estimated Closing Date: 7/16/2021

Property Address: Airlands St Las Vegas, Nevada 89134

Parcel Size: 8,276 sqft

Residential / Building Area: 3 Bedroom 3 Full Bathrooms, 2,819 sq ft single

story home with 3 car garage.

Year Built: 1997

Property Information: This Aristocrat model in Sun City sits on top the hills of Airlands Dr. with an elevated golf course view. Strip views in the evening & mountain views

in the morning. Low maintenance putting surface

and Astroturf back yard. This is an off market sale

and there was water damage while the owners were

out of town. Insurance hired the remediation

company and the home was properly ventilated so

no mold is present.

Loan Amount: $700,000.00

Approximate Value: $1,300,000.00

Loan to Value: 78% based on purchase price

Loan Term: 6 Months (I.O.) – 3 month interest guarantee

Payments: Interest Only Payments

Property Zoning: Single Family Residential

Exit Strategy: Sale – Estimated - $95,000 in repairs and update.

Use of Funds: Purchase Money 1st Mortgage


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