Updated 2 months ago on . Most recent reply
Seeking Private Lenders for Value-Add Commercial Project – Western Maryland
Seeking Private Lenders for Value-Add Commercial Project – Western Maryland
We’re looking for private lenders to partner with us on an exciting commercial project in a rapidly developing neighborhood in western Maryland.
Project Overview:
- Property: 2-story, 17,000 sq. ft. warehouse
- Location: Up-and-coming area, strong growth potential
- Current Status:
- Ground floor fully leased; tenant covers all building overhead
- 8,000 sq. ft. of unfinished space upstairs, ready for transformation into modern flex space
Funding Needs:
- $100,000 needed immediately to complete the first two phases of buildout
- $200,000 total required to finish the entire upstairs project
Key Points:
- Building is already owned (with mortgage in place)
- Cash flow positive – ground floor rent covers all holding costs
- Long-term hold strategy with a planned cash-out refinance after construction
- Seeking flexible, relationship-driven private lenders interested in a secure, income-producing asset
If you’re interested in learning more or discussing terms, please reach out. Let’s build something great together!
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