Dolce Villagio Townhomes | Tempe, AZ
A 37-unit garden style multifamily community centrally located at 202 South Hardy Drive in downtown Tempe within walking distance to Arizona State University’s Main Campus, Phoenix Metro Light Rail, Tempe StreetCar, and Whole Foods. The residences, built in 2007, feature direct access two-car garages, and expansive two and three-bedroom floorplans averaging 1,423 SF.
Refinance Bridge Loan
Large National Bank
- 65% LTV for a value-add acquisition
- 4-year loan with full term IO payments
- LIBOR + 100’s pricing
- Future funding for capital improvements
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