Owner Occupied FL Office

25 Year Amortization, No Prepay
Brandon
,
FL
Amount: $
280000

StackSource recently arranged financing for an owner occupied office acquisition in Brandon, FL. The buyer is a law firm that has been a tenant in the property since the mid 2000s. StackSource Director Chris Peters was able to secure debt financing from a local credit union lender that provided an 80% acquisition loan with a 5-year fixed rate at 6.50% amortized over 25 years and no prepayment penalty.