5-Year Term, 25 Year Amortization, 75% LTV
StackSource recently arranged financing for the acquisition of a NNN retail property, currently occupied by Applebee's, located in Sumter, SC. This corporate store has 6 years of term left, with 4 remaining options. Associate Director, Andrew Bouton, worked with a local credit union to secure a 4.85% fixed rate loan with a 5 year term and 25 year amortization. The loan comes with a 75% LTV.