$700,000 Second Mortgage Bridge Loan for FL ALF\MC Acquisition 60 Days High Return

Seeking $700,000 for 60 day bridge loan for FL ALF\MC property with 20 year operating history and current NOI of $673,000.  50 beds with expansion of 127 beds.  $6,500,000 take out loan committed.  Purchase price $6,500,000.  Seller financed first mortgage $5,500,000.  $400,000 hard earnest money in place.  $12,148,000 value. Very high return.  Please contact Frank Habit, fhabit@gmail.com, 678.596.2711.  Principals only please.  Brokers protected.  Thank you.   

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