Rodeo Capital, Inc. has funded a $1,706,000 Mini Self Storage Refinance in Melbourne Florida

[Marc Rabkin]

DEAL HIGHLIGHT:

52% Loan to As-Is Value

70% Occupancy

1.4 Debt Service Ratio

The subject Property is a 57,126 square foot mini self storage facility consisting of 540 units on a 2,57 acre site located in Melbourne Florida. Rodeo Capital's new loan allowed the borrower to pay off the existing mortgage and cash out for further real estate investments.

 

To View these and other recently closed transactions; please visit our Recent Fundings Page on our website at: http://rodeocapital.com/rodeo/recent-fundings To learn more about this loan or our overall lending capabilities, please contact Marc Rabkin at 310-909-7334 or [e-mail]