$2.5MM – Two Commercial Properties – Marietta, GA

  • Loan Amount: $2,300,000
  • LTV: 69%
  • Interest Rate: 8.99%
  • Term: 18 months

Description

Two commercial properties in Marietta, GA received commercial cash-out refinancing of $2.3 million, for an 18-month term at 8.99%. The buildings at 121 and 132 Bells Ferry Ln. are valued at $3.3 million, and were built in 1991 with the last renovation completed in 2020. The generational family business manufacturers fireplace kits, supplies and accessories, with about 71% of their current premises owner-occupied. This loan will allow them to purchase another industrial property in support of the growing operations of their business.

This style property is located in Marietta 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

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