Loan amount
$41,600,000
Loan type
Purchase
{Construction}
After Repair Value
$50,000,000
{PP:$16,600,000}
ARV
83%
{ARV}
Property type
Restaurant/Entertainment
Borrower Details
Credit score
449
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Kyle
State
Texas
Loan Details
Purchase price
$16,600,000
Down payment
$0
Cost of improvements
$25,000,000
Estimated property value after repairs
$50,000,000
Additional Loan Information
150,000 sq ft Family Entertainment and Event Center. Will offer Family Entertainment, Event Center, Sports Bar, Restaurant, and F1 Aqua which is a new and amazing concept, think of go karts but on water!!!
Status
Open
Created
August 19, 2023 - 9:39pm
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