Estimated Closing Date: 12/30/2021
Property Address: 2200 Fort Apache Las Vegas, Nevada 89117
Parcel Size: 1,053 Sq Foot
Residential / Building Area: 2 Bedroom & 2 Full Bathrooms 1,053 sq foot Condo.
Year Built: 1991
GUARD GATED SUMMERLIN CONDO WITH 2 BED 2 BATHS LOCATED ON THE SECOND FLOOR. VIEW OF COMMUNITY POOL SPA FROM THE BALCONY. RECENTLY PAINTED THROUGHOUT AND NEW FLOORING.
Loan Amount: $153,000
Approximate Value: $205,000 purchase contract
Loan to Value: 75% based on purchase price
Loan Term: 12 Months – No Prepay Penalty
Payments: Interest Only Payments
Property Zoning: Condo
Exit Strategy: After stabilization the exit strategy is refinance.