Loan amount
$340,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$525,000
{PP:$390,000}
LTV
65%
{LTV}
Property type
Hotel
Borrower Details
Credit score
700
Deal experience
35 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Klamath Falls
State
Oregon
Loan Details
Purchase price
$390,000
Down payment
$50,000
Additional Loan Information
Purchase, renovate, and modernize a busy small hotel. The hotel is located along a busy highway, with excellent highway frontage and off-street parking. 4 parcels are included. The hotel is located straight across the highway from a Pilot Truck Stop.
I'm a licensed Oregon Principal Real Estate Broker and own my own company. I plan on using this hotel to better serve my clients and to market my real estate business and listings.
I'm a licensed Oregon Principal Real Estate Broker and own my own company. I plan on using this hotel to better serve my clients and to market my real estate business and listings.
Status
Open
Created
November 6, 2023 - 8:42pm
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