Bellevue Apartments
75% LTV at 3.5% Fixed
La Porte
,
IN
Amount: $
440000
StackSource recently closed an acquisition loan for a 100% occupied , 8-unit apartment building in La Porte, IN for an investment group that included both an in-state and out-of-state resident. The regional bank lender provided a 75% LTV loan featuring a 7-year term, 25-year amortization and a 3.50% fixed interest rate.
Deal Team
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