FINANCED
Business Finance Capital CDC Provides $1.35M Acquisition Loan For Residential Property In North Hills
15508 Plummer St.
Mixed-use
1,124 SF
1,124 SF
Financed 226 days ago
Summary
Loan
IDAHO
Mixed-use
1,124 sqft
The property involved in this transaction is located at 15508 Plummer Street in North Hills. It is a residential property with grandfathered commercial zoning, spanning over 1,124 square feet. The transaction took place for a price of $1,500,000.
Summary of transaction details:
- Property Type: Residential (Grandfathered Commercial Zoning)
- Transaction Amount: $1,500,000
- Address: 15508 Plummer Street
- Market: North Hills
- Loan Amount: $1,350,000
- Loan Type: Acquisition
- Lender: Business Finance Capital CDC - Lee Kleinman
- Landlord: Michael Blodgett
- Broker: Michael Sharon - illi Commercial
The loan for this transaction was provided by Business Finance Capital CDC, with Lee Kleinman representing the lender. The borrower in this case is Michael Blodgett, who is also the landlord. Representing the borrower as a broker is Michael Sharon from illi Commercial.
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: Lee Kleinman & Michael Sharon
DATE: 09/01/2023
ADDRESS: 15508 Plummer Street
MARKET: North Hills
ASSET TYPE: Residential (Grandfathered Commercial Zoning) ~ SF: 1,124
LENDER: Business Finance Capital CDC - Lee Kleinman (@BusBnkr)
LANDLORD: Michael Blodgett
BROKER: Michael Sharon - illi Commercial (@illiCommercial)
LOAN AMOUNT: $1,350,000
LOAN TYPE: Acquisition
LOAN TERMS: This was an owner-user purchase through the SBA 504 program where the bank provided a 50% 1st mortgage and the SBA will provide a 40% 2nd mortgage. This residential property with grandfathered commercial use consists of 1,124 SF situated on a .87 acre lot and traded for $1,500,000View on map
Loading...
Address15508 Plummer St.
Comparables
Reset filters to show results.