$225,000 Investment in Heredia
Private Lenders Investor Alert
“Investment in a property in Heredia”
Earn 18% interest per year
Invest $225,000.00
Earn $3,375.00 per month
That is $40,500.00 per year
It is a 36 – month term loan
That is $121,500.00 in profits
DETAILS OF INVESTMENT IN HEREDIA:
Amount Requested: $225,000 USD
Term Desired: 3 years
Loan-to-Value Ratio: about 45%
Land Area: 307 m2
Construction Area: 515 m2
Property Location: Heredia
Property Description: First, this property is located in one of the most sought-after rental areas in Heredia.
It is a new apartment complex with 7 apartments and 1 commercial store. The apartments complex is set up in the following manner:
- 2 apartments with 3 bedrooms
- 1 apartment with 2 bedrooms
- 4 apartments with 1 bedroom
The complex is made of suitable construction materials, and there is ample parking.
As stated before, this property is located in the prime rental area of Heredia. It is within walking distance to shopping, bars, restaurants, and a mini-market can be found on every corner. It is also close to the universities and city hall; this is a prime location!
The borrowers (a husband and wife) need approximately $35,000 for each apartment completion. The borrowers have a combined traditional income of $6000 per month.
Their goal is to rent the apartment complex units for approximately 2 years and then go to a traditional bank with the rental income and rental agreements and obtain a conventional bank loan.
Map link: https://www.google.com/maps?q=10.001893997192383,-84.11468505859375&z=17&hl=en
UPDATED PHOTOS (August/2020)
BUILDING EXTERIOR
UNIT INTERIOR
If you are interested in this Investment in Heredia, CLICK HERE
Do not miss this chance – CALL NOW +506 4001-6413
Money lending is a fast-moving business, and we need lenders to understand that and make quick decisions. Keep in mind that borrowers may have already applied to other lending companies. Because of that, we try to close loans within a few days. (If we don’t, the competition will!)
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Article by Glenn Tellier (Founder of CRIE and Grupo Gap)
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