LoanFunders.com LLC Facilitates $8.65M Construction Loan For Single-Family Home In Park City Utah
9605 Blue Ledge Drive
$8,650,000
Building Size
—
Asset Type
Single Family Residence
Closing
May 21, 2025
AI
The transaction involves a construction loan amounting to $8,650,000 for a single-family residence located at 9605 Blue Ledge Drive in Park City, Utah. This property is categorized as a luxury single-family home, aligning it with the high-end segment of the market.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $8,650,000
- Loan Type: Construction
- Address: 9605 Blue Ledge Drive
- Market: Park City, UT
- Brokers: George Tsividakis & Dennis Mihalatos - LoanFunders.com LLC
George Tsividakis and Dennis Mihalatos from LoanFunders.com LLC played a pivotal role in facilitating this loan transaction. They collaborated with one of their preferred lenders to bring this construction project to fruition, showcasing their expertise in real estate financing.
Players
Park City Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.83%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93