Loan amount
$11,000,000
Loan type
Purchase
{Construction}
After Repair Value
$14,000,000
{PP:$3,000,000}
ARV
79%
{ARV}
Property type
Restaurant/Entertainment
Borrower Details
Credit score
589
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Pelham
State
Alabama
Loan Details
Purchase price
$3,000,000
Down payment
$0
Cost of improvements
$8,000,000
Estimated property value after repairs
$14,000,000
Additional Loan Information
The most amazing family entertainment facility in the US. 34 party rooms, open play, food court, miniature golf, go carts, and much more
Status
Open
Created
July 6, 2021 - 12:29pm
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