Kansas City, KS
Property: Single Family Residential Portfolio
Deal Type: Cash-out refinance
Loan Amount: $5,550,000
This deal consists of 44 single family residences
located in Kansas City, Kansas. Each of the properties
contain one unit, resulting in 44 total units for the
portfolio. Forty-three of the forty-four properties are being occupied at this time and many of the properties have been occupied by the same
tenant for over ten years. Each rented property
demonstrates strong cash flows with reliable tenants.
Stronghill was able to offer the borrower a refinance with a more attractive interest rate, along with quick and friendly service.