Equity partner wanted for large executive property with beautiful views and a large lot.
Proceeds to be used to pay off large second deed of trust and to convert the property into a room and board facility for senior citizens.
Three units will be available plus an attached rental unit.
Facility will be under professional management
Amount needed is $700K
Loan will be serviced by income from facility.
35% equity share offered in property
Property appraised at over $2M.
House has rental ADU since 2016 which brings $2400 per month.
Call for appointment to see property