funded by community capital

$2,360,000 Commercial Investment Property

Cape Coral, Florida

Subject property is a vacant Golden Corral restaurant, which the borrowers intend to renovate and operate a modernized restaurant which has multiple locations throughout Florida. The excess and the borrower also purchase to develop another restaurant.
Commercial investment property South Florida

loan overview

$2,360,000

loan priority

1st Mortage

loan type

loan to value (LTV)

59%

appraisal value

$4,000,000

interest rate %

term length (months)

12 months

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