FINANCED
Black Bear Capital Partners Represents Refinancing Of 123-Key Motel 6 In Reno, NV For $5M
1400 Stardust Street
Hotel
32,400 SF
32,400 SF
Financed 1 year ago
Summary
Loan
NEVADA
Hotel
32,400 sqft
A 123-key Motel 6 located at 1400 Stardust Street in Reno, NV has recently undergone a loan refinancing. The loan amount for this transaction was $5,000,000, and it was acquired on a 10-year fixed rate term.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $5,000,000
- Address: 1400 Stardust Street, Reno, NV
- Market: Reno, NV
- Loan Type: Refinance
- BROKER: Suraj Desai - Black Bear Capital Partners
The refinancing deal for this 123-key Motel 6 was facilitated by broker Suraj Desai from Black Bear Capital Partners. This transaction allows for improved financial terms for the property, providing stability and opportunity for future growth.
Players
Details
FINANCED
IMAGE: Suraj Desai
DATE: 09/30/2021
ADDRESS: 1400 Stardust Street
MARKET: Reno, NV
ASSET TYPE: Hotel ~ KEYS: 123
BROKER: Suraj Desai - Black Bear Capital Partners (@BlackBearCapitalPartners)
LOAN AMOUNT: $5,000,000
LOAN TYPE: Refinance
LOAN TERMS: 123-key Motel 6 was refinanced on a 10-year fixed rate term.View on map
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Address1400 Stardust Street
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