Deal Status

Active

Property Address

1611 Browder Street

Dallas, Texas

75214

Requested Loan Amount

1000000

Loan to Value

68

Loan Term

12

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Sale of Subject Property

Property Type

Fourplex

Number of Bedrooms

12

Number of Bathrooms

16

Property Occupied

No

Loan Type

Ground-Up Construction (already own land)

Property Sq. Footage

8000

Property Type

Residential

Residential Property Type

2-4 Units Multifamily

Commercial Property Type

Multifamily

Number of Units

4

Project Phase

Shovel-Ready

Land Value

250000

Estimated Costs

1000000

Description

Tear down existing 70 year old house rebuild (4) 3 story 3/3.5/2 townhomes w/roof top decks overlooking Dallas skyline

Budget

Yes

Completed

20

Licensed

Yes

APN Parcel ID

00000109834000000

Lot Size

.14

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Excellent

First Name

Darryl

Last Name

Evans

Company

City Blocks, LLC

Role

Borrower

Location

Dallas
Texas
USA