Maple Heights 13-Unit Rental Portfolio
79% LTV, 4.25%, 30-year amortization
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.
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