Klamath Falls, OR

$410,000

Multifamily

Commercial Property Value Add

05/03/2019
Transaction by
Cetan Funds, LLC
Financed purchase and rehab of 8-unit apartment building near a nursing school in Klamath Falls, Oregon. Borrower fixed up the units and doubled occupancy in 6 months. Just a few months later he successfully refi'd with a local bank for a long-term hold and solid cashflow.