Multifamily 12-Unit Apartment Complex

On November 20, 2021, Avana Companies and an individual investor based in Florida closed a 1,200,000 Cash-out Refinance Loan.  The loan funds will be used by the investor to refinance a property in St. Petersburg, FL.

The beautiful property is a Multifamily 12-unit Apartment Complex built in 1948. It is built on 0.24 acres of land with a total building size of 7,090 square feet. The property was initially purchased by the investor on August 31, 2021, and it is 100% occupied.

Loan Details

Loan Amount
Loan Type
Loan Purpose
Cash-Out Refinance
Project Date
ESG Rating