acquisitionhotel

$9,945,999

Perm Financing – La Quinta Acquisition

Lynnwood, WA

Acquisition financing for a 101-key La Quinta hotel for a first-time hotel buyer. Strong historical occupancy and cash flow. Located off Interstate 5 with seller's management team retained.

Deal Terms

Loan Amount$9,945,999

Term5 Years (60 Months)

Rate5.50% Fixed

LTC65%

Amortization20 Years

Fee50 bps

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