Industrial Condo Purchase in Rocklin

Rubicon funded a $370,000 industrial condo purchase in Rocklin so the borrower could complete his investment acquisition. The flexible space can be used as an office or industrial condo and is over 2,800 square feet. The included Solar Electrical System has zeroed out the electrical bill. The building has insulated roof deck, warehouse racking available, security system with camera, 2 restrooms and is 1/2 hour from the Sacramento International Airport.

Loan Amount: $370,000

Loan Term: 12 months

Loan to Cost: 65%

Loan Position: 1st Deed of Trust