Loan amount
$2,500,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$2,600,000 {PP:$2,600,000}
LTV
96% {LTV}
Property type
Medical Office
Borrower Details
Credit score
700
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Elverson
State
Pennsylvania
Loan Details
Purchase price
$2,600,000
Down payment
$100,000
Additional Loan Information
An 8,000 square foot medical facility with upstairs currently leased by the same tenants since 1998 who plan to stay ($6,000/month); downstairs (4500 sq ft) will be a second location for our , PC ($9,000/month). Current owners are the builders of this award-winning property at XXXXXXXXXXXXX and are doing interior and exterior repairs; would like to settle by end of 2021.
Status
Created
November 3, 2021 - 7:44pm

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