South Lyon Apartments

4% fixed, 75% LTV
South Lyon
Amount: $

StackSource recently closed an acquisition loan for a 100% occupied, 9-unit apartment building located in South Lyon, MI.  Capital Advisor Chris Peters secured financing from a credit union lender that provided a 75% LTV loan featuring a 10-year term and 25-year amortization, with the rate fixed at 4% for the first 5 years.  Term sheet to close was less than 35 days.

Deal Team

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