Freeport Equity Secures $3M Acquisition Loan For Retail Property In Columbus, GA

A retail property located at 3498 Victory Drive in Columbus, GA was recently involved in a closed transaction. The property spans 3,648 square feet and is owned by Freeport Equity.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $3,000,000
• Loan Type: Acquisition
• Loan Terms: 10-year fixed-rate loan with a 25-year amortization schedule

The transaction was facilitated by brokers Paula Mello and Matt Weilgus of Mag Mile Capital. They represented the parties involved in the deal, including Freeport Equity as the landlord.

It is worth noting that the loan obtained for this acquisition amounted to $3,000,000. The loan features a 10-year fixed-rate term and a 25-year amortization schedule.