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10951 - Gooding, ID
Commercial property in Gooding, ID. Established restaurant named Stampede Burger. This is a full doc loan with income verification. 3yr term. There is a current Commercial Lease Agreement on the restaurant that ends December 31, 2014 and leases for $1,200.00 a month beginning January 1, 2010 the lease will increase 10% and will continue to increase every January until lease is up. Subject property appraised for $195,000 with a loan amount of $100,000 giving it a LTV of 51.28%. Minimum investment is $10,000.
Call 509.928.6545 for details MORTGAGE PAPER SECURITIES ARE NOT RATED OR INSURED AGAINST LOSS AND MAY BE SUBJECT TO SUBSTANTIAL RISKS THAT ARE FURTHER DESCRIBED IN THE GENERAL AND SPECIFIC OFFERING CIRCULARS. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. INVESTORS ARE URGED TO READ THE GENERAL AND SPECIFIC OFFERING CIRCULARS PRIOR TO INVESTING.
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