FINANCED
Rosewood Realty Group Represents Refinance Of Multifamily Property In Myrtle Beach, SC For $5.9M
3701 & 2310 North Ocean Boulevard
MultiFamily
Financed 1 year ago
Summary
Loan
SOUTH CAROLINA
MultiFamily
The multifamily property located at 3701 & 2310 N. Ocean Blvd in Myrtle Beach, SC has recently undergone a loan transaction. With a total of 52 units, this property proved to be an attractive investment opportunity in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,900,000
- Loan Type: Refinance
- Loan Terms: 75% LTC motel to multifamily conversion
The loan for this property was provided by We Lend. Abe Mann and Aaron Jungreis, representing Rosewood Realty Group, acted as the brokers in this deal. The loan amount of $5,900,000 will aid in the refinancing of the property, allowing for the conversion from motel to multifamily units.
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Details
FINANCED
IMAGE: Abe Mann & Aaron Jungreis
DATE: 06/10/2022
ADDRESS: 3701 & 2310 N. Ocean Blvd
MARKET: Myrtle Beach, SC
ASSET TYPE: Multifamily ~ UNITS: 52
LENDER: We Lend
BROKERS: Abe Mann (@AbeMann_) & Aaron Jungreis - Rosewood Realty Group (@RosewoodRG)
LOAN AMOUNT: $5,900,000
LOAN TYPE: Refinance
LOAN TERMS: 75% LTC motel to multifamily conversionView on map
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Address3701 & 2310 North Ocean Boulevard
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