Share 'Rodeo Capital, Inc. Closes a $3,130,000 Refinance of a Limited Service Motel in North Hollywood California…'
57% Loan to Land Value
The subject property is a 4,781 sq ft limited service motel on a 3 parcel lot totaling 24,357 sq ft, where land value was used in the determination of the property’s value. The motel is located in a superior location, directly across the street from the Universal Studios Hollywood California complex. The site is adjacent to a successfully new hotel that…
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