Deal Status

Active

Property Address

936 Allen Rd

Nashville, Tennessee

37214

Requested Loan Amount

600000

Loan to Value

90

Loan Term

36

Lien Position

1st

Collateral Type

Commercial Property

Exit Strategy

Refinance

Commercial Property Type

Mixed-Use

Unit Mix Retail

100

Unit Mix Office

100

Unit Mix Hospitality

100

Unit Mix Other

100

Number of Units

6

Current Occupancy

Vacant

Loan Type

Acquisition

Square Footage

2966

Has property been located?

Yes

Preferred Closing Date

12/01/2018

Purchase Price

495000

Purchase Contribution

50000

Purchase Contribution Source

Equity in Another Investment Property

Purchase Plan

Rent It (property delivered vacant)

Lot Size

.49

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Excellent

Comments

Excited to have this unique and profitable cash flowing opportunity next to the airport in Nashville one of the nation's fastest-growing cities. The city is spending over 1 Billion upgrading the airport over the next 2-4 years. Hotels have been buying and building properties. It's highly likely this area will be worth much more in 2-4 years. This would be a rental to medical tenants like DR office, Dental that want their own space since its a standalone building in a highly desirable area with great demographics and road traffic to support it. Lets work together!

First Name

PJ

Last Name

Ehsani

Company

Ehsani Properties LLC

Role

Borrower

Location

Nashville
Tennessee
USA