Loan amount
$6,500,000
Loan type
As-Is Property Value
$8,500,000
LTV
77%
{LTV}
Property type
156 unit apartment community
Borrower Details
Credit score
750
Deal experience
6 deals
This loan scenario was submitted by a Broker
Property Details
State
Arkansas
Loan Details
Additional Loan Information
Refinace to add value. All of our apartments are town homes. Fully equipped kitchen with appliances including a frost free refrigerator, stove, dishwasher, double basin stainless steel sink with garbage disposal and lots of storage. Laundry-room closet. Large sliding glass door that leads out to a very spacious patio. Everything in apartment is electric, no gas. Monthly rental income $47K. Located in Little Rock. Loan duration up to 2 years.
Status
Closed
Created
April 14, 2020 - 8:46am
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