Loan amount
$200,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$250,000
{PP:$250,000}
LTV
80%
{LTV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
750
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Hartville
State
Missouri
Loan Details
Purchase price
$250,000
Down payment
$50,000
Additional Loan Information
Triple Net Lease dollar general. 8.5% cap rate. Has been leasing successfully at this location for 15-20 years. Essentially simply a switch of ownership.
Status
Open
Created
February 11, 2021 - 10:44pm
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