The subject property is a former Church property consisting of 2 buildings with 34,869 sq ft of space on 22.9 acres. Rodeo Capital’s new loan allowed borrower to move her school campus to a much bigger space; allowing the school to expand its’ student base. The new loan also provided capital needed for deferred maintenance and property improvements.
- 35% Loan After Repair Value
- Fund Controlled Rehab Budget
- Seller Carry