Medical Office Building: Tri-Cities, WA

Medical office building in the Tri-Cities, Washington

Location

Tri-Cities, WA

Interest Rate

4%

LTV

90%

Loan Amount

$2,560,000

Loan Type

SBA 7(a) Purchase

Date

December 2020

AAI Financial facilitated the closing of a $2,560,000 loan for the purchase of the client’s medical office building. We were able to utilize SBA 7(a) to reduce the client’s down payment and improve their cash flow from renting to being a property owner.