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Federal Trust Deed | Available Trust Deed Investments - Fully leased 5,170 sq ft office bldg in Yuma, AZ

LENDERS SUMMARY SHEET

LOAN: #6830

SUBJECT PROPERTY/SECURITY: 12486 S. Foothills Blvd, Yuma, AZ.  Fully leased 5,170 sq ft commercial bldg with tile flooring and three restrooms.  The lot is 24,120 sq ft with 13 parking spaces.

ORIGINAL LOAN AMOUNT: $300,000.00 (selling our fractionalized share of just over $200k)

TRUST DEED POSITION: 1st

ORIGINAL TERM: 60 months (matures 06/01/14 - existing tenant lease expires one month prior)

INTEREST RATE: 11%

LTV: 37.5%

LATE CHARGE: 10%/10 days

APPRAISED VALUE: $800,000.00 (view appraisal)

SPECIFICS: This building is being leased for $6,462.50 per month from H&S Developers.  We also have a personal guarantee from the borrowers.  We are happy to provide payment history, which has been exemplary.

 

Information Subject to Change

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12486 S. Foothill Blvd (3)
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12486 S. Foothill Blvd (2)
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12486 S. Foothill Blvd
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