18-Unit Workforce Housing – Pecos, TX | Seeking 65% LTV Interest-Only Bridge
We are under contract on a stabilized workforce housing asset in Pecos, Texas and are seeking a senior bridge/DSCR lender for a 65% LTV structure.
Asset Overview:
• 18 furnished rental units + manager residence
• Operates as weekly workforce housing (energy/industrial sector)
• Strong historical occupancy
• Stabilized operations
Financial Snapshot:
• Purchase Price: $800,000
• Recent Appraisal (Sept 2025): $1,200,000
• Normalized NOI: ~$100,000 annually
• Conservative DSCR at requested leverage
Requested Structure:
• 65% LTV senior loan
• 24–36 month interest-only term
• Seller carry note fully subordinated
• Experienced sponsorship via U.S. LLC
• Clean refinance plan upon operational optimization
The seller is contributing equity through subordination, creating a conservative capital stack relative to appraised value.
We have full documentation available (T-12, rent roll, P&L, appraisal) and are prepared to move quickly with a credible lender.
Important note: We have already encountered non-verified “private lenders” requesting upfront deposits without verifiable track record. We will only engage with institutional lenders or direct capital providers with documented lending history and transparent closing processes.
If your lending platform is active in Texas and comfortable with workforce housing / small balance commercial bridge, feel free to message directly.
Serious inquiries only.