Industrial Condo Purchase in Manteca

Borrower needed $250K to complete acquisition of over 3,200 square foot Industrial Condo for Business Purposes. Zoning is perfect for mutiple businesses including service business, contractor, warehousing, manufacturing, storage, light industrial, wholesaling and more. There is over 1,000 square feet of office buildout and over 2,000 square feet of warehouse. Unit has 2 bathrooms, roll up door, skylights, glass store front, fully insulated with 200 amp power. Rubicon’s loan to cost is 60%, term is 2 years and RMF holds the 1st Deed of Trust.