Long time business owner orthodontist was seeking a cash-out 1st TD on this free-and-clear Clovis, CA owner occupied 2nd home to invest back into his Huntington Beach based orthodontist practice. The borrower recently began expanding human resources by adding additional dental assistants. Borrower now plans to upgrade equipment, install a new software system, augment supplies and add an additional receptionist.
The subject property is a beautiful home in a gated private community on Quail Lake in Clovis, CA. The home sits on a large 10,395 SF corner lot with a view of the lake. The subject is a contemporary style single level home with 10 total rooms and 5 BR/3.5 BA. The subject features a dining room, living room, family room, fireplace and patio. The community has 2+ miles of biking/walking trails and an Olympic sized swimming pool and a clubhouse. The subject is near shopping, schools, medical facilities, restaurants and recreation.
Recent Transaction – $295,750 Business Purpose, Clovis, CA, 93619
