Business owner was seeking a 1st TD to purchase a mixed-use commercial property in Rosamond, CA in Kern County. Borrower planed to expand his business into this property which sits right next to the entrance of the Willow Springs International Raceway.
The subject property is a 5,782 SF mixed use commercial property with residential and workshop space sitting on 2.54 acres.Subject has 6 total rooms with 2 BR/2.5 BA. The property sits at the entrance of the Willow Springs International Raceway in Rosamond.
The borrower is using the property to serve the racing community that comes to Willow Springs Raceway offering a concierge service which includes: driver seminars, mechanic service, storage, hospitality and nightly room rentals.