SALE DATE: 10/15/2021
MARKET: South Tampa
ASSET TYPE: Redevelopment Fix and Flip
BUYER/BORROWER: 365 Property Partners LLC
DEVELOPER: Jerry Brit
ARV: 2,000,000
Collateral:
Type: Refinance
Description:
Borrower requested a $50,000 loan to refinance a single-family property in Tampa, Florida. The asset comprises 4 bedrooms and 2 bathrooms, totalling 1,884 square feet of living space. The borrower anticipates a liquidity event soon that would enable them to pay off the loan in cash as an exit to the loan.
- Loan Amount: $50,000
- Date: November 2024