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Acquisition Financing for Branded 76 Gas Station; 83% LTV

Loan Amount
$1,245,000
Property Type
Gas Station
Area
Monterey County
Purpose
Acquisition Loan
Brand
76

First Financial Capital has successfully places an acquisition loan for 76 branded gas station located in Monterey County. The subject site area is approximatley 20,000 square feet with room do improve the [c-store (convenience store)](https://www.firstfincap.com/articles/acronyms). This was a highly sought after gas station with significant value add potential which required the borrower to act quickly.

FFC was able to provide the borrower with an [LOI (letter of intent)](https://www.firstfincap.com/articles/letter-of-intent) within a 24 hour request which allowed for the borrower to submit a irrefutable offer.

* To protect privacy, image may not be of the described site.

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