Farah Agha, account executive for Largo Real Estate Advisors, Inc. arranged first mortgage financing in the amount of $500,000 for a Texaco gas station and convenient store. The Texaco gas station is located at 201 Ranch Rd. and consists of a 2,032 s/f convenient store and two MPD's containing 4 gas nozzles. Recent improvements to the convenience store include a new HVAC system and roof. The gas station was built in 1993 and benefits from its prime location along Hwy. 620, in close proximity to Lake Travis.
Agha secured a 15-year term, with a rate reset after 10 years and 15-year amortization schedule for the borrower.
Largo Real Estate Advisors, Inc. is a commercial mortgage banking company that structures, closes and services commercial mortgages for acquisitions, refinances and redevelopment projects. Largo arranges innovative financing structures for borrowers throughout the United States and Canada. We manage the loan process from loan application through closing and service the loan throughout its term. Tags: