SALE DATE: 07/30/2021
MARKET: Davis Island, Tampa
ASSET TYPE: Development Site, Double Lot
BUYER/BORROWER: Starkus Development LLC
BROKERS: Kevin Lee & Daven Henry
DEVELOPER: LuCapital Management & Legion Construction
SALE PRICE: $1,600,000
ARV: 3,000,000 ea.
Type: Refinance
Borrower requested a $130,000 loan to refinance a single-family property in Clearwater, Florida. The property features 3 beds and 2 baths at 1,858 sq/ft. The borrower has the property listed for sale and will sell the property as an exit to the loan.
Type: Refinance
Borrower requested a $250,000 loan to refinance a single-family property in Cape Coral, Florida. The property features 3 beds and 2 baths at 1,715 sq/ft. The borrower has the property listed for sale and will sell the property as an exit to the loan.
Type: Fix and Flip
Borrower requested loan to purchase a single-family property in Naples, Florida. The property features 3 beds and 2 baths at 1,670 sq/ft on a 6,098 sq/ft lot. The borrower plans to list the property for sale after the rehab as an exit to the loan.
DKC Lending offers hard money lending services to real estate investors in Florida and select cities across the country. We provide borrowers with personalized loan consultation services and funding. DKC Lending also offers loan servicing for mortgage investors.
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