The Ave in Nashville

Nashville
,
TN
Short-term rental conversion, 80% LTC, 27 days
Amount: $
1974020
Interest Rate: 
%

StackSource Capital Advisor Andrew Bouton worked with a multifamily investment group to obtain an 80% LTC bridge loan. The proceeds will be used to fund the purchase and renovations for a 20-unit motel property in Nashville, TN. The property will be redeveloped into a boutique short-term rental property. StackSource was able to help the investors in initiating their repositioning strategy, along with a quick 27 day closing.

Charitable Cause supported by 1% of StackSource's revenue on this transaction: