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FIG Laguna Farms, LLC
Residential • Development • 16852 Idaho Center Boulevard, Nampa, ID 83687
Loan Number: #L0000006
Available
$0
Investor Interest Rate
11%
Maturity Date
11/25/2020
Investment Summary
FIG Laguna Farms, LLC
Residential • Development • 16852 Idaho Center Boulevard, Nampa, ID 83687
Loan Number: #L0000006
Invested
$0
Investor Interest Rate
11%
Maturity Date
11/25/2020
| 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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