$1.6MM – Three gas stations & convenience stores

  • Loan Amount: $1,600,000
  • Broker's Commission: $24,000
  • LTV: 48%
  • Interest Rate: 10% charged to borrower
  • Term: 6 months

Description

Avatar provided a $1.6 million commercial bridge loan for three gas stations and convenience stores in Chugiak, Sterling, & Trapper Creek, Alaska. The loan proceeds were used to acquire fuel inventory needed for supply contracts during the winter season.

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

This style property is located in Anchorage 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.

Avatar provided a $1.6 million commercial bridge loan for three gas stations and convenience stores in Chugiak, Sterling, & Trapper Creek, Alaska. The loan proceeds were used to acquire fuel inventory needed for supply contracts during the winter season.

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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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