Notes for Sale

Notes for Sale See them advertised at www.BlueSkyResort.net. Value of each cottage is $49,000, $686,000 total, exclusive of land. 37% LTV.

Seasoned loan portfolio for sale at par consisting of 14 performing notes, average principal balance $18,355 each note, total principal amount $256,970, secured by fourteen resort cottages in Twentynine Palms, California each rented as corporate housing for $1,300 to $1,400 per month. Remaining amortized term 59 months, 10%, fixed monthly income $5,531.27.

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Twentynine Palms, CA
92277

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