$1.5MM - Sports Bar- Waite Park, MN

  • Loan Amount: $1,500,000
  • LTV: 59%
  • Interest Rate: 9.99%
  • Term: 1 year

Description

Avatar provided a $1.5 million commercial bridge loan for a sports bar in Waite Park, Minnesota. After a fire destroyed the business of a long-time operator, he rebuilt the “ultimate sports bar” using cash reserves and credit from contractors. Once completed, Avatar funded a loan to pay the contractors and clean up liens.

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

This style property is located in Waite Park 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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