$1,060,000 Arbutus, Maryland Self-Storage Warehouse

$1,060,000 Arbutus, Maryland

12,000 square feet Self-Storage Warehouse on 1.3 acres

1. No upfront fees, tax returns or income verification
2. Refinance and cash-out self-storage warehouse located at 4424 John Ave., Arbutus, MD 21227
3. 100% leased
4. Term: 10 years
5. Interest rate: 6.25%+
6. 30 year amortization
7. Prepayment penalty: 5/4/3/2/1
8. Minimum DSCR: 1.25X
9. 700+ credit score
10. Loan Position: 1st
11. Third party fees for appraisal, title work, property insurance, legal, processing, underwriting, escrow and other customary expenses.
12. Funding 4 to 6 weeks from receipt of completed loan docs.