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Current Investment Opportunity by CM Capital Services
New First Trust Deed Opportunity 11.5% to 11.75%
Savvy builders are buying ready to build on lots from a bank at a big enough discount that they can price their end product very attractively. They have 35% of the money needed to close their deal and we are positioned to loan them the other 65%. This represents an excellent 1st Trust Deed Opportunity .
Henry Walker Homes is a new home builder made up of some of the most experienced Utah home builders. Their President and part owner is John Stubbs who was the VP of Construction for Ivory Homes for over 20 years (Ivory Homes is Utah’s largest home builder that has dominated the Utah market for the last three decades). After leaving Ivory, Mr. Stubbs was the Regional President for Richmond American Homes for 5 years for the Utah division. He recently left Richmond and teamed up with Colin Wright (previous Land Acquisition and then Southern Utah Divisional President for Ivory Homes) and a few other local Utah partners that have a wealth of experience in that market. These guys know the Utah market extremely well.
They are buying 53 fully-developed residential lots located in the Bridlewalk subdivision within the Sunset Equestrian Estates Master Planned Community just west of Interstate 15 in Kaysville , Utah (approximately 25 miles north of Salt Lake City , Utah ). The subject property constitutes phase nine of the residential subdivision and has access to a fully-completed community pool, cabana, and tennis court. They will be purchasing these from a bank who is foreclosing on the previous property builder.
We are lending 65% of their purchase price of $2,200,000. Interest to investors will be paid monthly at an annual rate of 11.5% to 11.75%. The loan term is one year with an additional 6 month extension possible. Take a look at the attached fact sheets for all of the details.
If you are looking for a quality income investment that is short term, then act quickly and call or email us at the numbers below. Our investment minimum remains $10,000.
Current Opportunities
First Trust Deed Opportunity Henry Walker Land, LLC Loan #3301
For More Info Contact:
Jay York
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
702-739-9090
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