Deal Status

Active

Property Address

936 Allen Rd, Nashville Tennessee 37214

Requested Loan Amount

$600,000

Loan to Value

90%

Loan Term

36 months

Lien Position

1st

Collateral Type

Commercial Property

Exit Strategy

Refinance

Collateral and Loan Details

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

2,966

Has property been located?

Yes

Preferred Closing Date

12/01/2018

Purchase Price

$495,000

Purchase Contribution

$50,000

Purchase Contribution Source

Equity in Another Investment Property

Purchase Plan

Rent It (property delivered vacant)

Lot Size

0.49 acres

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

Phone Number

(213) 444-8934

Company

Ehsani Properties LLC

Role

Borrower

Location

Nashville, Tennessee

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