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Loan 3308 – 11006 Pacific Avenue – South Tacoma, WA 98444
Property Address
11006 Pacific Avenue, South Tacoma, WA 98444
Loan Number: 3308
Appraised Value: $1,325,000.00
Loan Amount: $795,000.00
Loan Position: 1st
Interest: 12%
LTV (Loan to Value): 60%
Term: 24 Months
Specifics
SPECIFICS: Mixed use building of 7 commercial suites, 1,100 sq ft apartment and a common swimming pool. A 2,465 sq ft warehouse is used for storage. The loan is being originated to pay off a seller carry back 1st. The property is leased for $11,635.00 a month.
