Maple Park Villas

Maple Park
,
OH
>80% LTC
Amount: $
656000
Interest Rate: 
7.75
%

StackSource recently closed an 18-month acquisition and construction loan for a 22-unit multifamily property in Maple Heights, OH, a suburb of Cleveland.  Capital Advisor Chris Peters negotiated proceeds that provided the sponsors with 80% of the purchase price and 100% of the rehab budget and closed in 32 days.

Charitable Cause supported by 1% of StackSource's revenue on this transaction:
Habitat for Humanity of Greater Newark