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Gilman Illinois Two Gas Stations Convenience Stores For Sale

DISCOUNTED: 42%
APPRAISED VALUE: $7,080,000
OFFERING PRICE: $4,100,000


***First Position Note Sale*** Two service stations, convenience store, restaurant and tire repair shop on 17.23 acres - LTV 58% - one year term - interest only - 13% interest rate -2006 noi $602,636 - purchase option of note or foreclosed property - same offering price.

Contact Person's Name: James Jarrell
Contact Phone Number: 702-882-8657
Contact E-mail address: jjarrelldlgrealty@yahoo.com
Brokerage Name: DLG Realty

Submitted by: admin
Property ID Number: 132
Property ID Name: Gilman NPN
Added: Mon Jul 14 2008

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