Modern 3-story infill residential build in South Tampa walking distance to Bayshore Boulevard.
LOAN AMOUNT
$750,000
Tight urban lot required specialized foundation engineering and staged material deliveries.
Adler Capital provided $750,000 construction funding with zero prepayment penalty.
The Outcome
Completed in 9 months and sold for $1,390,000.
Deal Highlights
LOAN AMOUNT
$750,000
TOTAL BUILD COST
$980,000
LEVERAGE
77% LTC
PROJECTED ARV
$1,350,000
TERM
12 Months
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
A South Florida investor identified a fully occupied 4-unit in Hialeah - all 2/1 units, long-term tenants, $6,800/month gross rent. Purchase: $620,000. Cap rate coming in at 5.8% with upside on turnover.
A Broward County investor acquired an 8-unit apartment building in Deerfield Beach - $1,450,000 purchase, rents averaging $1,300/month but market was at $1,650+. Classic value-add play.
A 2-family in Lowell's Belvidere neighborhood. Both units leased to long-term tenants at $2,100 and $1,950/month. Purchase price $385,000. Investor was a school principal with W-2 income but a tight DTI.
