Project Description

Allendale, MI

WLW Capital (“WLW”) provided a commercial fix and lease loan for a residential property in Allendale, MI. This Michigan ranch home features 3 beds, 2 baths and a 24 x 25ft detached garage with concrete floors, electric and an entry ramp. This property sits on over 2 acres of land. Borrower intends to lease the property.

Loan Amount: $200,000
Loan To Value: 78%
Term: 2 years
Type: Fix and Lease