$750,000 Acquisition in Fall River Mills, CA
Recently funded: Borrower was on a tight closing deadline to purchase this lodge as a business acquisition. The lodge is located in Fall River Mills and is a popular well-known fishing destination. Lodge is home to 4,500 sq. ft. of rentable building space including individual rooms for guests on long stays.
Loan Amount:Â $750,000
Loan Term: 24 Months
Loan Position: 1st Deed of Trust on both properties
