The Sponsor purchased this property which was not being well managed by the previous owner. Improvement were made to the units, new tenants added to the rent roll with proper screening. Avatar’s loan enabled the Sponsor to payoff a bridge loan and a Note to the seller, plus some cash out for further real estate investment. Once the operations of the property are seasoned, it will be sold or conventionally refinanced.
- Loan Type: Multifamily Bridge
- Loan Amount Range: $1M - $4.99M
This style property is located in Tacoma 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.