Loan amount
$5,890,000
Loan type
As-Is Property Value
$6,200,000
LTV
95%
{LTV}
Property type
Apartment building
Borrower Details
Credit score
750
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Wyoming
Loan Details
Additional Loan Information
69 units. The property is just blocks away from the state university and is nearly 100% occupied year round. My company is wanting to acquire this property to develop cash flow, and increase our holdings and build capital, so that we can acquire other properties that were already in talks over. Asking $6.2M. 5% down. Property located in Laramie, WY. Monthly income around $50K. Looking for 120 month loan.
Status
Closed
Created
August 25, 2020 - 2:17pm
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