A 10-unit residential complex near Lake Eola in downtown Orlando.
LOAN AMOUNT
$2,400,000
Seller offered favorable price on condition of an unconditional 14-day close.
Adler Capital performed rapid underwriting and funded $2,400,000 in 11 business days.
The Outcome
Buyer secured property at a $250K discount to market value through closing speed.
Deal Highlights
LOAN AMOUNT
$2,400,000
PURCHASE PRICE
$3,100,000
MONTHLY RENT
$19,500
DSCR RATIO
1.30
LTV
77%
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