Need funding for LOW PER UNIT VALUE multi family

[Brian Stark]

April 3, 2023

Our client is purchasing 2 small, multi-family buildings:

9 Units & 5 Units in Massena, NY 13662.

Fully stabilized / leased, no rehab needed.

Nice little properties.

Total purchase price is $419,800.00

NOTE: Average per unit value is $29,985.00.

Client is putting down just over $100,000.00 – this is a time-sensitive 1031 Exchange purchase.

Client seeks a 75% LTV acquisition loan with 30-yr fixed rate

Client is highly experienced, owns other properties, generates significant cashflow and has solid credit.

Please advise pricing and time to close.

DIRECT LENDERS ONLY - pls reply to [e-mail]

Thanks!