$1.4 MM- Multi-Family Building -Tallahassee FL

  • Loan Amount: $1,400,000
  • LTV: 54%
  • Interest Rate: 8.99%
  • Term: 1 Year

Description

The subject property is ideally located between Florida State University and Tallahassee Community College. The Borrower is just finalizing a complete renovation to the property. Avatar’s loan will provide funds for construction completion as well as an interest reserve enabling the property to be stabilized with new tenants. Once lease the Borrowers will conventionally refinance the property.

  • Loan Type: Multifamily Bridge
  • Loan Amount Range: $1M - $4.99M

This style property is located in Tallahassee is currently and has been listed on Avatar Financial Group. This property is listed at . It has bedrooms, bathrooms, and is . The property was built in year.

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AVATAR FINANCIAL GROUP

1200 Westlake Avenue N, #1006
Seattle, WA 98109

Office: 206.728.5900
Toll-Free: 1.888.886.0097

For information about loan programs or loan
requests, email us at:
[email protected]

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