Walled Lake Mixed Use
3.95% rate, 5-year fixed
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934bd/667e299c6cc480823ec93804_map-pin.png)
Walled Lake
,
MI
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934e4/667e299c6cc480823ec93f69_Walled%20Lake%20Mixed%20Use.png)
Amount: $
258675
StackSource recently closed an acquisition loan for a 100% occupied, 4,000 square foot mixed use property located on the north end of Walled Lake, MI. The property was built in 1920 and features 4 residential units and 2 commercial units, with the commercial units occupied by State Farm Insurance and a real estate & mortgage company. Capital Advisor Chris Peters secured financing from a credit union lender that provided a 10-year term and 25-year amortization, with the rate fixed at 3.95% for the first 5 years.
Deal Team
No items found.