Loan amount
$18,000,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$30,000,000
{PP:$27,000,000}
LTV
60%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
500
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Albany
State
Georgia
Loan Details
Purchase price
$27,000,000
Down payment
$9,000,000
Additional Loan Information
Off Market purchase for a multifamily portfolio in Albany, GA. Contains 320 units in the portfolio, with a cap of 4.9% and pro cap of 7.3%.
Status
Open
Created
October 11, 2022 - 2:02am
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