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Commercial Industrial & Land - WLW Capital

Commercial Industrial & Land

Project Description

Tampa, Fl

WLW Capital (“WLW”) provided a cash out refinance loan to an experienced investor, who pledged 2 free and clear properties as collateral for the loan. The 1st property is a 10,000 sq/ft warehouse in Bradenton Florida,  fully occupied with tenants. The 2nd is a parcel of land in Brandon Florida, featuring a satellite tower with a lease in place. Borrower plans to make improvements to the Warehouse property in order to maximize the ROI with the loan proceeds.

Loan Amount: $200,000
Loan To Value:  25%
Term: 2 Year
Type:  Cash Out Refinance Commercial