Recent Transaction – $187,200 Business Purpose Cash Out, Weed, CA
Real estate investor and business owner was seeking a Business Purpose Cash-Out Refinance of this non-owner occupied investment property to invest back into her custom modular tent business, Creative Tent International. With projects in more than 60 countries, Creative Tent International provides custom tent solutions for special events, sports/recreation, aviation, military installations, disaster relief and many other commercial, industrial and hospitality businesses.
Subject property is a single-story, SFR located in Weed, CA. The Property is a traditional style 4 bdrm/2 bath home with 1,875 sqft of livable space featuring a fireplace, patio, beautiful views and covered outdoor sport court. The property was built in 2005 and sits on a 25.6 acres. The subject property is conveniently located near the beautiful Lake Shastina and Lake Shastina Golf Resort, shopping, restaurants and some of the best outdoor activities that California has to offer.
