$3,000,000 – Cash Out – 48 Unit Multifamily Property, Tampa, Florida
$3,000,000, Cash Out
3.52% fixed
10 year fixed rate loan
30 year amortization
Non-Recourse
No escrows
No Reserves
No Covid-19 holdback
REPEAT CLIENT
A 4-year old stabilized property, great condition, well managed, fully occupied. Owned by the developer, who had built it out of cash. The full loan amount was cash out.
Closed by Dan Bockstoce & Michael Brown
