Allon Avgi Acquires SFR Portfolio In Suffolk County Using Sharestates Loan
90 Bethpage Road, 245 Caboto Avenue & 183 Commack Road
Summary
The property assets involved in this closed transaction are located at 90 Bethpage Road, 245 Caboto Avenue, and 183 Commack Road in Suffolk County. These assets are single-family residences (SFR) in the market of Suffolk County.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $972,000
- Loan Type: Acquisition
- Loan Terms: 30-Year fixed, 5-year stepdown, Non-recourse options available!
The lender in this transaction is sharestates''>Sharestates, represented by Mike Ramin. The landlord is Allon Avgi, and the broker involved in the deal is Philip Romano.
Note: Sharestates is a Direct National Private Lender providing various financing options such as fix and flip, multi-family bridge and value add, ground-up construction, and long-term rental loans. They offer non-recourse options and leverage up to 80% with special low rates.
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