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Loan 3283 – 8000 Bay Avenue – California City, CA 93505
Property Address
8000 Bay Avenue, California City, CA 93505
Loan Number: 3283
Appraised Value: $400,000.00
Loan Amount: $240,000.00
Loan Position: 1st
Interest: 9%
LTV (Loan to Value): 60%
Term: 60 Months
Specifics
SPECIFICS: We are refinancing this property. It is 5 detached mini storage buildings totaling 21 storage units. Also includes 2bd, 2ba managers quarters including office. Borrower has excellent payment history. The property produces $500.00 per unit monthly plus an additional $1,650.00 for the quarters.
