Loan Request for Commercial loan in Bamberg, SC, 29003

Request #3697764 by Lender

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Date Posted

10/23/2023 2:58:41 PM

Property at

Bamberg, SC, 29003, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$1,930,000

Loan Request

$1,100,000

LTV

56.99 %

Credit Rating

780 or more

Loan Purpose

Property Purchase

Purpose

My client is buying 2 separate Walgreens buildings for $1,930,000 He is putting 40% down and is looking for a bridge loan for 12-36 months. Property A is located on: 3518 Main Highway, Bamberg, South Carolina 29003, Property B is located on: 191 N. Church St. Homerfield Illinois, 60015 Both properties are occupied by Walgreens and have current leases.

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Loan Request for Commercial loan in Bamberg, SC, 29003