• (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610
  • (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610

9 Units Multifamily

Another Successful Funded Loan

  • $770,000
  • 5 Year Fixed @ 3.625%
  • Purchase - 69% LTV
  • 9 Units
  • Multifamily Property
  • Apple Valley, CA


Purchase transaction for a repeat borrower. This is the nicest small apartment building that I have seen in Apple Valley; real pride of ownership.


The seller was concerned on his septic tanks which then caused concern for us but ultimately a septic certification was obtained and all went smooth.


ALB had just closed a prior transaction for this borrower so we structured similar terms with the same lender. Everything worked out great all parties happy and before closing we were already starting on a new deal for the client.