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FIG Laguna Farms, LLC
Residential • Development • 16852 Idaho Center Boulevard, Nampa, ID 83687
Loan Number: #L0000006
Interest Yield(APY)
11%
Investment Confirmation
Your investment has been successfully submitted.
The note purchase for this agreement will be sent to you when the funds clear.
Please reference the agreement for the maturity date.
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Investment Selection Summary
Your investment has been successfully submitted.
The note purchase for this agreement will be sent to you when the funds clear.
Please reference the agreement for the maturity date.
Short Note
17 Month Short Note
Annualized Interest Rate
11%
Select External Account to Fund This Investment:
No Bank
Enter amount to invest
$0
How would you like to fund this investment?
| Full Commitment | $6,400,000 |
| Available | $0 |
| Investor Interest Rate | 11% |
| Minimal Investment Amount | $1,000 |
| Maturity Date | 11/25/2020 |
Monthly Interest Calculator
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About
About this property
Property Address
16852 Idaho Center Boulevard, Nampa, ID 83687
Property Details
Fourplex Investment Group, LLC established FIG Laguna Farms, LLC as the special purpose entity for the horizontal development of a townhome community located in Nampa, ID.
How the funds will be used
The borrower will utilize the funds to complete the horizontal development of the townhome lot community.
How the funds will be used
The borrower will utilize the funds to complete the horizontal development of the townhome lot community.
Financials
Borrower
Fourplex Investment Group (FIG)
Payment
Interest payments are paid monthly, between the 1st and the 5th of the month.
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Term
9 months with a 9 month extension for a total of 18 months.
Maturity Date
11/25/2020
Maturity date can fluctuate and is dependent on the date the loan funds.
Borrower
Fourplex Investment Group (FIG)
Fourplex Investment Groups (FIG) expertise is building multi-family communities in expanding cities throughout the Western U.S.. FIG employs decades of executive management experience in the construction industry to construct cost efficient multi-family projects. These multi-family communities deliver sustainable real estate investments to thousands of investors within FIGs own network.
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