13 Units- Multifamily Property

Another Successfully Funded Loan

  • $945,000
  • 7 Year fixed @ 4.125%
  • Purchase-75% LTV
  • 13 Units- Multifamily Property Yucca Valley, Calif.

ASSIGNMENT:

This was a purchase transaction for a client in a 1031 exchange.

CHALLENGE

Property was in a real small sub market of San Bernardino, low population, and the property was on a sewer system. Client owned no other property in immediate area and there was a lack of comps.

SOLUTION:

We had already financed other properties for the client with lender so we used the same and it made the process simple, and we closed on time.

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ALB Commercial Capital

Office: (626) 296-7777
Toll-Free: (800) 510-2214 Fax: (626) 296-7771
Email: Info@albcommercialcapital.com

Headquarters

2476 Lake Ave Altadena,Ca. 91001

ABOUT US

We are industry experts dedicated to providing our clients the best loan programs, unparalleled service and certainty in execution
Cal BRE License #01379610
www.albcommercialcapital.com

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Adress:

Headquarters
2476 Lake Ave.
Altadena CA 91001 USA

Phone:

Office : (626) 296-7777
Fax : (626) 296-7771

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