This is an opportunity to purchase a non-performing note at a deep discount. The face value of the note is $800,000, but the lender is willing to take much less in order to move the project off of our books. Personal guarantees are in place. This property can stand on its own or can be added to the property to its west to make a large assemblage. Copies of the note, deed of trust and borrower information are available upon request.
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