Harmony Mesa Verde I, LLC | Loan #4107 – FUNDED
Description: First Trust Deed collateralized by 4.55 acres of land in Enterprise, NV (approximately seven miles south of Las Vegas, NV). The land is currently zoned R-2 for medium density residential which allows for eight units per acre. In addition to the R-2 zoning, the borrower has been working with the city to allow for 39 residential lots to be developed. The borrower has already begun work to develop the land into finished lots. Development is scheduled to be completed in three months at which point the borrower will begin the construction of the single family homes.
