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Land Development Project, Las Vegas, NV

APN 140-31-801-001, LAS VEGAS, NV

LAND DEVELOPMENT PROJECT, LAS VEGAS, NV.

You Can Be Part of A 30 Home Land Development Project!

Aspect Homes LLC has engaged Capella Mortgage for a construction loan of $1M for each of four phases of 7 homes per phase, with a sales price of $280k per home, which is $1M secured by $2.1M in property.

We are lending on the 2nd development of 30 affordable homes built on the east side of Las Vegas, and catering to the Hispanic market.

The homes are very exciting with all of the modern/contemporary features and something like this has not been offered to buyers on this side of town.

  • Loan Amount

    $1,000,000

  • Property Value

    $8,000,000

  • LTV

    13%

  • Property Type

    Building Lot/Raw Land

  • Occupancy

    Investment

  • Loan Purpose

    Purchase

  • Loan Term

    36 Months

  • Interest to Investors

    13%

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