Loan amount
$7,200,000
Loan type
Purchase
{Construction}
After Repair Value
$8,200,000
{PP:$5,000,000}
ARV
88%
{ARV}
Property type
Assisted Living Facility
Borrower Details
Credit score
800
Deal experience
5 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Cape Coral
State
Florida
Loan Details
Purchase price
$5,000,000
Down payment
$3,000,000
Cost of improvements
$5,200,000
Estimated property value after repairs
$8,200,000
Additional Loan Information
Address: ****, Cape Coral, FL 33914
Asset Class: Assisted Living
# of Units: 42
Loan Type: New Construction
Loan Term: 12months + Extensions
# of Lots: 3
Amount Requested: 5.2M
As-Is Value: 1.5M
Existing Debt: $0.00
ARV: 8.2M
Asset Class: Assisted Living
# of Units: 42
Loan Type: New Construction
Loan Term: 12months + Extensions
# of Lots: 3
Amount Requested: 5.2M
As-Is Value: 1.5M
Existing Debt: $0.00
ARV: 8.2M
Status
Open
Created
March 28, 2024 - 3:24pm
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