Industrial Warehouse Purchase in Richmond

Sporting a 10,000 square foot lot, over 7,200 square foot of building space and a modern exterior, an industrial warehouse in Richmond came on the market. Borrower needed $800,000 to complete the $1.25M purchase. Meeting Rubicon’s Loan to cost ratio of less than 65%, the 2 year loan met RMF’s internal evaluation. Zoned for manufacturing and close to I-80 freeway.