We Lend LLC Provides $1.19M Acquisition Loan For Myrtle Beach Multifamily Property | We Lend completes $1,193,000 loan in Myrtle Beach | We Lend | MultiFamily | Loan

Summary

Loan

SOUTH CAROLINA

MultiFamily

5,952 sqft

A multifamily property in Myrtle Beach with a square footage of 5,952 and 14 units was recently involved in a closed transaction. The deal took place on 02/28/2022.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $1,193,000
Market: Myrtle Beach
Units: 14
Loan Type: Acquisition

The lender for this transaction was We Lend LLC. The loan amount provided by We Lend LLC was $1,193,000. The loan was specifically for the purpose of acquisition.

Notably, the loan program offered by We Lend LLC was designed for the conversion of hotels to Airbnb. The property in question is a multifamily asset with a value-add opportunity. The loan features an interest rate of 8.5%.

For any inquiries regarding loans, interested parties can reach out to Solomon Suleymanov at [email protected].

Players

All
1

Lenders
1

We Lend

Details

Deal Summary

FINANCED

IMAGE: Ruben Izgelov, Solomon Suleymanov, Moses Suleymanov & Andrew Schnissel DATE: 02/28/2022 MARKET: Myrtle Beach ASSET TYPE: Multifamily ~ SF: 5,952 ~ UNITS: 14 LENDER: We Lend LLC (@WeLendLLC) - Solomon Suleymanov (@Sal_Solomons), Ruben Izgelov (@Ruben_Izgel), Moses Suleymanov (@Moses.Suley) & Andrew Schnissel LOAN AMOUNT: $1,193,000 LOAN TYPE: Acquisition NOTE FROM @WeLendLLC: Loan Amount: $1,193,000 Program: Hotel to Airbnb Type: Multifamily, Value-add Interest Rate: 8.5% Please reach out to Solomon Suleymanov at [email protected] for any loan inquiries.

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AddressWe Lend completes $1,193,000 loan in Myrtle Beach

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