The subject property is known as Music Hill Ranch and was previously owned by the Dixie Chicks as a retreat and recording studio. It has 18,000 sq ft of buildings on 7 acres. The property is rented for corporate retreats and to artists for recording. Avatar’s loan will refinance the current debt and hold $500,000 in a construction reserve to make additional improvements to enhance the property’s cash flow.
- Loan Type: Multifamily Bridge
- Loan Amount Range: $1M - $4.99M
This style property is located in Austin 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.