PERFORMING MORTGAGE NOTE FOR SALE AT A DISCOUNT!! (Trout Lake MI) $145000 8bd

Hello,

Complete info on the note is below:

The property is a 41 room hotel in Trout Lake, Michigan. I sold the property on November 2016. The buyer purchased it for $180,000 and put down $35,000. It is a 10 year loan and fully amortized for 10 years so no ballon payment. It is a 0% interest loan throughout the loan term. Mortgage payments are $1210 per month. Buyer has made payments on time.

Name and address of hotel is below:

Castlewood Inn and Suites
22321 S. M-123 Trout Lake, MI 49793

You can make an offer on the note.

If anyone has anymore questions please feel free to ask. Thanks!

Sam
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