LTV 39%

16425 PineWood St., Fontana (Lots 59 & 60)

View the Property
Investment Summary

(INCOMING PROPERTY) Land Buildout 

* 2 Model Homes coming soon to Fontana.  

These vacant parcels of land are currently owned by Trinity Homes with the express purpose of building 2 custom SFR's. 

These single family residences is a 4 bedroom, 4 bathroom home that is 3028 square feet and sits on an 6500 acre lot.

Once refinanced, this vacant parcel will be built out by Trinity Homes.

Independent third party appraisal commissioned by Trinity Redevelopment shows an After Rehab Value (ARV) of $575,000 and an Investment  $225,000 for Address. The LTV is 39% and is in line with the data we found during our due diligence process. The valuation report shows the residential market surrounding all underlying properties in this area of Fontana is neutral and supply outweighs demand, and the residential market surrounding all underlying properties in this area of San Bernardino County is stable and supply and demand are in balance. 

$225,000 funded of $225,000