Address: Fort Myers, FL 33903
ARV: $1,000,000 (As-is)
Loan Amount: $300,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 12%
LTV 30%
Loan Purpose: Cash-out refinance
Funded 05- 30- 2025
Located at in North Fort Myers, this 7,007 sq ft commercial property features nine units, eight of which are currently leased, generating approximately $119,040 in annual rental income. Positioned along a well-traveled corridor, the asset offers strong visibility, steady cash flow, and long-term upside in a growing commercial market.
The borrower, a longtime HML Solutions client, originally purchased the property in 2020 for $585,000 in cash and has since stabilized the asset. With a new investment opportunity on the horizon, they sought to leverage their equity without disrupting existing income.
HML Solutions structured a $300,000 cash-out refinance at 30% LTV based on a $1,120,000 valuation. The loan was designed as a 24-month term with a 6-month prepayment period, providing flexibility and speed. Our team moved efficiently to deliver a short-term bridge solution, allowing the borrower to access capital quickly and secure their next acquisition.
This deal highlights our commitment to helping repeat clients scale by unlocking equity from stabilized, income-producing assets.
