Commercial Warehouse Purchase
Updated: Dec 23, 2021
Estimated Closing Date: 07/15/2020
Whitney Mesa Drive, Henderson, NV 89014
Unit Size: 2,400 sq. ft. freestanding warehouse
Lot size: 6,970 sq. ft.
Loan Amount: $196,000.00
Approximate Value $245,000.00
Loan to Value: 80% based on purchase price
Loan to Market Value: 47.80%
Loan Term: 2 Year w/ 3 Months Guaranteed
Payments: Interest Only Payments
Property Zoning: Warehouse
Borrower is purchasing this property through bankruptcy court. Property is currently used for funeral services. Borrower will continue the same use.
Borrower will refinance with SBA loan.
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