$1,060,000 Arbutus, Maryland
12,000 square feet Self-Storage Warehouse on 1.3 acres
- No upfront fees, tax returns or income verification
- Refinance and cash-out self-storage warehouse located at 4424 John Ave., Arbutus, MD 21227
- 100% leased
- Term: 10 years
- Interest rate: 6.25%+
- 30 year amortization
- Prepayment penalty: 5/4/3/2/1
- Minimum DSCR: 1.25X
- 700+ credit score
- Loan Position: 1st
- Third party fees for appraisal, title work, property insurance, legal, processing, underwriting, escrow and other customary expenses.
- Funding 4 to 6 weeks from receipt of completed loan docs.