facebook
Traded Co logo
Submit a Deal

Lee Kleinman Secures $3.69M Loan For 2-Story Medical Office Building In Ventura County

2831 North Ventura Road
PointingArrow
ShareContact

This Office property located in CA received a loan of $3,690,000 about 3 years ago. The broker of the deal was Lee Kleinman

A medical office building located at 2831 N. Ventura Rd. in Ventura County recently underwent a transaction. The 2-story building spans 9,739 square feet and was purchased for $4,100,000. The buyer utilized the SBA 504 lending program, which involved a 50% first mortgage provided by a bank and a 40% second mortgage provided by the SBA. This transaction was facilitated by Lee Kleinman of @Busbnkr.

Summary of Transaction Details

  • Property Type: Office
  • Transaction Amount: $4,100,000
  • Loan Amount: $3,690,000
  • Loan Terms: This transaction involved an owner-user purchase through the SBA 504 lending program. The bank provided a 50% first mortgage, while the SBA provided a 40% second mortgage.
  • Market: Ventura County
  • Address: 2831 N. Ventura Rd.

Lee Kleinman of @Busbnkr played a pivotal role as the broker in this transaction. Through their expertise and guidance, the buyer successfully navigated the loan process and acquired this medical office building.

View Related

Deals
  • Location
    2831 N Ventura Rd, Oxnard, Ventura County, CA, USA2831 N Ventura Rd, Oxnard, Ventura County, CA, USA
  • Loan Value
    $3,690,000$3,690,000
  • Asset Type
    OfficeOffice
  • Parties
    1 Broker1 Broker

Agent

Lee Kleinman

Lee Kleinman

Deals13
Financed$55.6M

Social

Deal Summary

LOAN IMAGE: Lee Kleinman @Busbnkr DATE: 03/10/2021 ADDRESS: 2831 N. Ventura Rd. MARKET: Ventura County ASSET TYPE: Office BROKER: Lee Kleinman @Busbnkr LOAN AMOUNT: $3,690,000 LOAN TERMS: This was an owner-user purchase through the SBA 504 lending program where the bank provided a 50% 1st mortgage and the SBA provided a 40% 2nd mortgage. The subject building is a 2-story 9,739 SF medical office building and traded for $4,100,000.

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

2831 North Ventura Road

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits