Loan Request for Commercial loan in Memphis, TN, 38118

Request #3701462 by Lender

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Date Posted

6/27/2024 12:04:05 AM

Property at

Memphis, TN, 38118, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$14,149,000

Loan Request

$8,347,910

LTV

59 %

Credit Rating

720-739

Loan Purpose

Purchase and Construction

Purpose

**THE WOODDALE MULTI-FAMILY PROPERTY LOCATED IN MEMPHIS, TN **TOTAL UNITS: 157 TOTAL UNITS **SALES PRICE: $7,450,000. **REHAB BUDGET: $2,325,000. **AS-COMPLETED VALUE (ARV): $14,142,000.

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Loan Request for Commercial loan in Memphis, TN, 38118