$1,286,250 Multi-Unit Construction Loan
Hawaii Bay

Category

Tags

Property Type

Loan Type

September 15, 2022

WAIʻANAE, HAWAII – The borrower envisioned, using their multi-unit construction, the opportunity to redevelop four-freestanding SFR units into four CPR parcels for individual sale. Situated in the up-and-coming neighborhood of Maili, we helped bring our borrower’s vision to life through the construction funds needed to transform this older property into desirable units.

Closing Highlights:

  • Complex CPR Project
  • 65% ARV
  • Experienced Developer
  • Built-In Interest Reserve

You May Also Like…

$3,770,000 Hotel Purchase Loan

$3,770,000 Hotel Purchase Loan

DAVENPORT, FL - This hotel purchase comprises a 53,734 square-foot, 104-room Ramada Inn located within 20 minutes of...

Loading...
Rodeo Lending