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Updated almost 8 years ago,
Seeking 60% LTV Gateway Medical/Professional Center
I'm seeking funding on a new 10,200sf Professional Center located at The Gateway @ University Parkway development in Barrow County, Ga. I acquired this property August of last year for $375,000 the property appraisal came in at $725,700 for the 1.23 acre site as is. The appraised value of the completed center is $2,500,000 dated 3/1/2017. I'm seeking $1,500,000 to payoff the land and develop the center. My credit is around 550 so this will need to be a asset based loan for sure. I have been design/building these type projects for twenty years. I just opened JA Bryson which will be the licensed contractor that's build this project. I have developed 5 other commercial properties and sold through a pass partner and can supply documentation for those property sales. Due to working with fraudulent lenders I'm in a time crunch. With the property having so much equity in it puts a investor in a secure situation,
your only investing in what's there throughout the development process. PLEASE only serious creditable investors!