Loan amount
$17,000,000
Loan type
Purchase
{Rent&Hold}
Property value
$17,000,000
{PP:$17,000,000}
LTV
100%
{LTV}
Property type
Retail/Strip Mall
Credit score
621
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
City
NEPTUNE
State
New Jersey
Purchase price
$17,000,000
Down payment
$0
Additional Loan Information
PURCHASE 2 PROPERTIES WITH TRIPLE NET LEASES AND CORPORATE GUARANTEES. BLUE CHIP TENANTS THE TOTAL NOI FROM BOTH PROPERTIES IS $920,000 ($315,000 + $605,000) = $920,000 ANNUAL INCOME.
Status
Pending review: Please check your email. We will be sending you follow-up questions, if needed. Be sure to check your spam folder.
Created
September 23, 2024 - 2:33pm
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