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Fort Apache - Again

  • Writer: Stephen Sinko
    Stephen Sinko
  • Dec 30, 2021
  • 1 min read

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 Property Information: 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 ARV: $205,000 Loan Term: 12 Months – No Prepay Penalty Payments: Interest Only Payments Property Zoning: Condo Exit Strategy: After stabilization the exit strategy is refinance.

Use of Funds: This is a purchase money loan.




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