Deal Status

Active

Property Address

7900 Technology Boulevard, Dayton, OH, USA, Dayton Ohio

Requested Loan Amount

$1,160,000

Loan to Value

61%

Loan Term

36 months

Lien Position

1st

Collateral Type

Commercial Property

Exit Strategy

Refinance

Collateral and Loan Details

Commercial Property Type

Industrial

Industrial Property Types

Warehouse

Cannabis Business

No

Number of Units

1

Current Occupancy

Tenant Occupied

Current Occupancy Percentage

96

Loan Type

Refinance

Square Footage

35,000

Current Market Value

$1,750,000

Existing Mortgages

2nd

Mortgage 2 Balance

$360,000

Equity Cash Out

Yes

Equity Cash Out Purpose

Business Working Capital

Equity Cash Out Details

This is an eCommerce business, the proceeds will be used to improve infrastructure to streamline delivery, inventory , and other time and cost saving metrics

Have Appraisal

Yes

Appraisal Date

07/14/2016

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Excellent

Property Photos

Attachments

First Name

Mekhael

Last Name

Beckford

Phone Number

(239) 692-3707

Company

Engel &Voelkers

Role

Consultant

Location

Orlando, Florida

Use the form below to contact the Dealmaker