Deal Status

Active

Property Address

1779 W. 37th Street #7, Hialeah Florida 33012

Requested Loan Amount

$165,000

Loan to Value

70%

Loan Term

180 months

Lien Position

1st

Collateral Type

Commercial Property

Exit Strategy

Other

Collateral and Loan Details

Commercial Property Type

Industrial

Industrial Property Types

Flex Space

Cannabis Business

No

Number of Units

1

Current Occupancy

Owner Occupied

Current Occupancy Percentage

100

Loan Type

Acquisition

Has property been located?

Yes, and it’s under contract

Purchase Price

$235,000

Purchase Contribution

$71,000

Loan to Cost

70%

Purchase Plan

Occupy It

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Good

Exit Strategy Details

occupy

Attachments

First Name

Eddie

Last Name

Mohamed

Phone Number

(561) 563-5269

Role

Consultant

Location

BOCA RATON, Florida

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