|Property:||SoCal Sawtelle Self Storage|
|Location:||Los Angeles, CA|
|Description:||Class A self storage facility located in a premier area of West Los Angeles with visibility from Interstate 405 and located within 0.5 miles of Interstate 10. The
property consists of 687 storage units with 50,164 net rentable square feet.
|Loan Type:||Permanent Loan|
- 10-years of Interest only loan payments to maximize the cash flow to the ownership
- Fixed rate loan allowed the borrower to lock a historically attractive interest rate
- Non-recourse loan limits the partners personal liability