INSERT PICTURE OF PROPERTY HERE
A First Deed of Trust secured by four two-story apartment buildings with 192 units on 5.0 acres of land. The subject property is of brick construction, was built in 1968, and was recently renovated by the borrower at a cost of $1,200,000. It is now 77% occupied. The initial loan to value is 75% with a 1.44x debt cover.
15 year term and 20 year amortization