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Zuka Castillo Of ALTO Capital Provides $5.7M Construction Loan For Single Family Residences In Decatur GA

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FINANCED
$5,699,578

Georgia

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Single Family Residence4,800 SF
Financed 01/01/2025
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FINANCED

Zuka Castillo Of ALTO Capital Provides $5.7M Construction Loan For Single Family Residences In Decatur GA

3618 Lavista Road

See Similar Deals
Single Family Residence4,800 SF
Financed 01/01/2025
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Summary

GEORGIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,187
Total Square Footage:4,800 SF
Transaction Type:Loan

The property involved in this transaction is a Single Family asset located at 3618 Lavista Road in Decatur, GA, encompassing a square footage of 4,800. The loan amount secured for this development project is $5,699,578, which is designated for construction purposes over a term of 18 months.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $5,699,578
  • Lender: Zuka Castillo - ALTO CAPITAL
  • Broker: ALTO CAPITAL
  • Loan Type: Construction
  • Loan Terms: 18 months

Zuka Castillo from ALTO Capital originated this loan aimed at developing five luxury Single-Family Residences in Georgia. ALTO Capital specializes in providing strategic financing solutions for investors and developers, focusing on fix and flip, ground-up construction, and planned unit developments.

Players

LENDER

Details

FINANCED
IMAGE: Zuka Castillo DATE: 01/01/2025 ADDRESS: 3618 Lavista Road MARKET: Decatur, GA ASSET TYPE: Single Family ~ SF: 4,800 LENDER: Zuka Castillo - ALTO CAPITAL (@AltoCapital_) BROKER: ALTO CAPITAL LOAN AMOUNT: $5,699,578 LOAN TYPE: Construction LOAN TERMS: 18 months NOTE FROM LENDER: At ALTO Capital, we proudly originated a 24-month interest-only loan for the development of five luxury Single-Family Residences (SFR) in Georgia. As a nationwide private lender, we provide strategic financing solutions for investors and developers seeking agile and flexible capital. 💡 Our expertise includes: ✔️ Fix & Flip: Financing for purchasing, renovating, and reselling properties. ✔️ Ground-Up Construction: Capital for residential and commercial projects at all stages. ✔️ Planned Unit Development (PUD): Funding for master-planned communities with long-term growth potential. 🚀 Turn your next project into reality with us. 📩 For inquiries and personalized guidance, contact us: 📧 [email protected] | [email protected] 📞 +1 305 381 0153 Trust ALTO Capital to fuel your real estate investments with tailored financing solutions.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$5,699,578.84

Monthly NOI$37,997.19
Monthly Debt Service$36,025.22
Change in Cash Flow$0.00
Refinance Proceeds$0.00