Loan amount
$7,500,000
Loan type
Purchase
{Rent&Hold}
Property value
$8,500,000
{PP:$7,500,000}
LTV
88%
{LTV}
Property type
Multi-Family 5+ Units
Credit score
730
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
City
Sheffield
State
Alabama
Purchase price
$7,500,000
Down payment
$0
Additional Loan Information
a 150 unit multifamily hotel that has been rehab to accommodate individuals Property is in Sheffield Al. Currently at 90% occupancy. Solid property current owner has just rehabbed and put $5,000,000 into project.
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
March 1, 2024 - 6:11pm
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