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Assisted Living & Multifamily Lending Programs
May 20th, 2010 5:00 PM

$5 Billion Available

Assisted Living & Multifamily Program

Acquisition & Refinance

Property Types:

· Multifamily - Mixed Use

· Assisted Living - Student Housing

· Mobile Park Housing - Acquisition & Refinance

Terms and Conditions:

Ø Loan Size $1, 000,000 / No Maximum

Ø Pricing Tired Pricing Matrix. More favorable pricing available for higher DSC and lower LTV.

Ø Loan Term 5 to 30 years - Amortization Up to 30 years

Ø Minimum DSC 1.15 for a variable rate / 1.20 for fixed rate

Ø Maximum LTV 75% - 80% LTV

Ø Adjustable Rate Available. Priced off the one month or three month LIBOR. Convertible and non convertible options available.

Ø Eligible Property Multi-Family, Mixed- Use, Assisted Living,

Ø Eligible Borrower Single asset entity

Ø Occupancy Requirement 90% physical occupancy



Ø Tax & Insurance Escrows Monthly deposits required. May be waived if certain criteria met.



Ø Recourse Non-recourse with standard exceptions of fraud and misrepresentation can be waived for 100% restricted properties.



Ø Commercial Space Maximum 20% of net rentable area and maximum 20% of effective gross income



Ø Required Reports Appraisal, property condition, assessment and phase 1



Ø Prepayment Yield maintenance or defeasance



Ø Assumable Subject to approval and 1% fee



Ø Supplemental Loans Eligible for secondary financing after 12 months



Ø Closing Closing within 45 to 60 days

Mark V. Jones

Commercial Real Estate Services

Committed to Service. Dedicated to Close. Since 1992

Central Coast Direct Phone Line: (805) 234-4100

CA. Dept of Real Estate# 01119658

Central Valley Direct Phone Line: (209) 736-0518

E-mail: mvjonesloans@aol.com Web: www.mvjonesloans.biz


Posted by MARK JONES on May 20th, 2010 5:00 PMPost a Comment (0)

Multifamily, B&B or Great Family Home
May 20th, 2010 5:03 PM

For Sale Former Church Facility

A great opportunity to open your own Assisted Living Facility or Bed & Breakfast or finish converting this former church building into your own special home. The 4400+- sq. ft. main building is currently being developed into a very special, single family home with attached “Granny” unit and there is also a separate Guest House.

The Main building is a 4400+- sq. ft. building that has 6 bedrooms, 3 ¼ bathrooms. The bedrooms have hickory flooring or carpet. Each bedroom room has a generous size closet, some are walk-ins. You have a nice size laundry room with built in storage cabinets and a utility sink. There is an extra large 1120+- sq. ft. living room with 15 foot tall ceilings with exposed log beam trusses, and beautiful chandeliers. From the moment you walk into this house through the front door, you will know that you are in a very special place! Whether standing upon the former church dais, and looking down the length of the building through those log beam trusses, or enjoying the great living spaces, it will take your breath away!

The Master bedroom suite features a sitting area, separate his and her closets, and in suite spa like bathroom. The Master bath with its log beamed ceiling, antique dual sink vanity, 6 ft. Jacuzzi spa tub, and separate shower provide you with a pampering experience that will take you away from all of life’s troubles.

Then there are the 6 & 7 foot wide hallways through the double doors, leading into the 1040+- sq. ft. family room/kitchen (great room). There is plenty of room for a pool table; home entertainment center and large dining room table, along with a great eat in kitchen. This will be that great space your family is looking for to relax and enjoy life together in.

All of the interior walls, ceilings and most of the raised wood floors are insulated to control the movement of sound from room to room as well as improve energy effiency. The electrical and plumbing systems have all been updated. The roof is only 3 years new and is of architectural grade, 40 year composition shingles. There are beautiful, energy star ceiling fans in every room, some with remote controls for ease of use. The main hallway features antique light fixtures that came out of an old school in Buffalo New York, circa 1928. The beautiful inlaid tile flooring, adds that classic touch. There is even a niche waiting for that indoor water feature.

Attached IN-Law or Rental Unit

The attached 760 sq. ft. “In-Law Suite”, is a fully self- contained 1 bedroom, 1 bathroom unit, with its own separate entries. There is a full size kitchen with separate eating area. The bathroom comes with a nice size shower, pedestal sink and laundry hookups and extra storage cabinets. This allows your family member to be a part of your daily family life, while giving them their own freedom. It is designed so that you can access it directly from the Main House or set it up to rent it out as a separate unit.

Guest House

The completely separate Guest House was completely Remolded in 2005. It consists of a 1350 +- sq. ft. with 3 bedrooms and 2 full baths. It has newer interior & exterior paint, dual pain windows, upgraded doors, newer HVAC systems, tile & Berber Carpet throughout the house. Enjoy the Bright and Open Kitchen with a Refrigerator, Dishwasher, Oven/Range, duel tub sink with garbage disposal, classic black tile counter tops & hickory cabinets with plenty of built in storage. There is also an indoor laundry area adjacent to the kitchen with space for a freezer. There is even a large separate storage building adjacent to the driveway.

This is truly a one of a kind property!

Lot Size: 1.75 Acres lot.

Zoning: RM3, City of Angels Camp Zoning, you could build up to 16 units on this property if you choose to.

Circular driveway with plenty of parking. Semi wooded lot terraced, slightly down sloped but with plenty of level useable land.

This is a work in progress and the main building still needs some additional work. The buildings are sound, the location is great and the upside potential is unbelievable! This is an “AS IS”, sale. To view this property or get additional information contact Mark at 209-736-0518 or 805-234-4100 or via e-mail at venkaye@aol.com.

Open your own Assisted Living Facility or B&B or make into your own special home.4400sq.ft. 6 bedrooms, 3 bathrooms, hickory flooring or carpet. Each bedroom room has a generous size closet, laundry room wth storage cabinets and utility sink,large 1120sq.ft. livingroom, 15 foot ceilings, log trusses and beautiful chandeliers. Master bedroom ste with sitting area, separate his and her closets,in ste bathroom, Log beamed ceiling, antique dual sink vanity, 6 ft. Jacuzzi spa tub, and separate shower,wide hallways,1040 sqft. family room/kitchen. Updated electrical and plumbing systems, 3 yr new roof 40 yr composition shingles, ceiling fans in every room. Main hall features antique light fixtures, circa 1928, Inlaid tile flooring,Attached IN-Law or Rental Unit The attached 760 sq. ft. In-Law Suite, is a fully self- contained 1 bedroom, 1 bathroom unit, with its own separate entries. There is a full size kitchen with separate eating area. The bathroom comes with a nice size shower, pedestal sink and laundry hookups and extra storage cabinets. This allows your family member to be a part of your daily family life, while giving them their own freedom. It is designed so that you can access it directly from the Main House or set it up to rent it out as a separate unit. Guest House The completely separate Guest House was completely Remolded in 2005. It consists of a 1350 +- sq. ft. with 3 bedrooms and 2 full baths. It has newer interior & exterior paint, dual pain windows, upgraded doors, newer HVAC systems, tile & Berber Carpet throughout the house. Enjoy the Bright and Open Kitchen with a Refrigerator, Dishwasher, Oven/Range, duel tub sink with garbage disposal, classic black tile counter tops & hickory cabinets with plenty of built in storage. There is also an indoor laundry area adjacent to the kitchen with space for a freezer. There is even a large separate storage building adjacent to the driveway.This is truly a one of a kind property!Lot Size: 1.75 Acres lot Circular driveway with plenty of parking. Semi wooded lot terraced, slightly down sloped but with plenty of level useable land. This is a work in progress and the main building still needs some additional work. The buildings are sound, the location is great and the upside potential is unbelievable! This is an AS IS, sale. To view this property or get additional information contact Mark at 209-736-0518 or 805-234-4100



Provided by:
Mark V Jones (Lic: 01119658)
Mark V. Jones Real Estate Services (Lic: 01119658)
P.O.Box 1015
Altaville, CA 95221
Primary: 805-234-4100 Secondary: 805-234-4100

mvjonesloans@juno.com


Posted by MARK JONES on May 20th, 2010 5:03 PMPost a Comment (0)

1900 Sq. Ft. Commercial Building
May 20th, 2010 5:02 PM

What a great place to relocate your business! $569,500.00

What a Great Investment Opportunity!

This .70 Acre lot with a 1900 Sq. Ft. building was a former restaurant and could be again. All of the restaurant features are still in the building. It would also make a great office or retail sales location. The building is currently leased as an office to a long term tenant and the tenant would like to stay, but if you need the space they will relocate. The property is located within an easy 5 to 10 minute drive to some of the best recreational areas in the state. The large paved parking area can accommodate 40 or more cars. The building has great hwy. visibility and traffic count. There is also a 4.2 acre home site located adjacent to this property for sale, you could build your home there and work here. This property is located in Big Oak Flat on Hwy 120.

Mark V. Jones

Commercial Real Estate Services *CA. Dept of Real Estate# 01119658

Central Valley Direct Phone Line: (209) 736-0518

Central Coast Direct Phone Line: (805) 234-4100


Posted by MARK JONES on May 20th, 2010 5:02 PMPost a Comment (0)

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