Maple Heights 13-Unit Rental Portfolio

Maple Heights
,
OH
79% LTV, 4.25%, 30-year amortization
Two-story rental property
Amount: $
829600
Interest Rate: 
4.25
%

StackSource recently closed an acquisition loan for a New York-based investor that acquired a portfolio of thirteen (13) single family rental properties in Maple Heights, OH. This is a repeat client of StackSource that has been acquiring residential portfolios and multifamily properties throughout the Midwest, and this was their first acquisition in Ohio.

StackSource Capital Advisor Chris Peters arranged financing with a private lender that provided a 79% LTV, 30 year term loan fixed at 4.25% for the entire 30 years.

Charitable Cause supported by 1% of StackSource's revenue on this transaction: