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$210,000 Multi-Collateral Equity Loan Opportunity

PRIVATE LENDERS INVESTOR ALERT

Earn 12.5% Interest (Average) Per Year!

Invest $210,000 TODAY,
and you will earn $2,188 per month.

LTV: about 43.7%

That is $26,250 per year.
This is a 24-month term loan.

That’s $52,500 for the term of the loan!

 

Loan Notes:

  • The loan funds will be used to cancel a current credit line accrued as a result of the COVID-19 pandemic.
  • The loan will be guaranteed by 3 pieces of collateral property.
  • The collateral properties are located in the Greater Metropolitan Area of San José
  • The borrower is a “Triple-A” Business Partner in the industry of Commercial/Residential Land Development.

Loan Details

Amount Requested: $200,000 USD
LTV Ratio: about 43.7%
Term Desired: 24 months

Collateral Property #1 – Condominium Home

Construction area: ~ 207 m2 (two floors)
Land Area: ~ 133 m2

Collateral Property #2 – Office Building

Construction area: ~ 150.57 m2 (office), ~ 18.90 m2 (kitchen), ~ 5.79 m2 (Portico), ~ 36.65 m2 (Tapias)
Land Area: ~ 598 m2

Collateral Property #3 – Land Lot

Land Area: ~ 1425 m2


Collateral Description Home (Urbanización Montealegre)

ZAPOTE, SAN JOSÉ

This collateral property is a practical and modern two-story condominium home in Zapote, San José with 207 m2 of construction built on 133 m2 of land.

This remodeled condominium home belongs to the borrower and has been in their family for years. It has great sentimental value and they have no plans on selling it. It is currently listed on Air BnB generating income at $90.00/nightly.

The property is in a primarily residential area and close by to governmental buildings such as the Presidential House which is the seat of the government of Costa Rica. The neighborhood of Zapote is just a 10-minute driver from downtown San José, and it considered a quiet oasis in the midst of city life.

Here are the specifics about the home:

  • 3 bedrooms
  • 2 1/2 bathrooms
  • 1  kitchen (open style)
  • 1  living room
  • 1 garage (2 car capacity)

Photo: Condo House Front

Photo: Living Room

Photo: Kitchen

Photo: TV Room

Photo: Bedroom

Photo: Bedroom

Photo: Bedroom

VIEW MORE PHOTOS IN THE GALLERY SECTION BELOW


Collateral Description Office Building (Hacienda vieja de Curridabat)

CURRIDABAT, SAN JOSÉ

This collateral property is a 211.76 m2 office building located in Curridabat, San José.

The building is owned by the borrower and it used as the location for their architectural business. The borrower’s business has been building high-profile commercial and industrial projects within Costa Rica for the last 20 years.

Note: The borrower has very successful track record in commercial and industrial development, more information on request.

This collateral property is conveniently located in the San José suburb of Curridabat which is located a few minutes from the downtown area of the capital city. In recent years, Curridabat has quickly become a popular area for new homes (including mansions) due to it’s proximity to (schools, universities, malls, etc..) The fair weather and tropical climate also make it a great place to call home.

Here are the specifics about office:

  • 1 large lobby/reception area
  • 1 open work space area 
  • 1 large conference room
  • 2  private offices
  • 2 bathrooms
  • 1 kitchen (outside in covered patio/rancho area)
  • 1 large backyard

Photo: Lobby/Reception Area

Photo: Lobby/Reception Area

Photo: Main office area

Photo: Office Area + Kitchen Patio Area

VIEW MORE PHOTOS IN THE GALLERY SECTION BELOW


Collateral Description Lot (Tres Rios Centro)

TRES RIOS, CARTAGO

This collateral property is a1425 m2 lot located in a great location near downtown Tres Rios, Cartago.

This lot is zoned for mixed-use, commercial or residential up to 3 floors.

Prior to the COVID-19 pandemic, the borrower filed all the necessary paperwork (permits, plans) that would have allowed them to build 10 residential units on property. They stated that they continue to complete that project.

Photo: Lote Entrance

Photo: View of Water Treatment Center (AyA)

Photo: View of Lot (Beginning)

Photo: View of Lot (Continued)

Photo: View of Lot (continued)

Photo: View of lot (continued)

Photo: View of Lot (continued)

Photo: Small river at the back of the Lot.


(CONDOMINIUM HOME GALLERY)


(OFFICE BUILDING GALLERY)

THIS IS ANOTHER GREAT LOAN OPPORTUNITY OF 2021!

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