July 25, 2011 -
Upstate New York
John Fletcher, account executive for The Largo Group of Companies, has arranged $1.112 million to refinance the existing debt on Tudor Heights Apartments.
The complex consists of 40 units and is currently 99% occupied. Constructed in 1972, there are 5 buildings with 8 units in each building. Each building has a full basement and coin operated laundry facility. John arranged a 5 year fixed rate loan with a 20 year amortization schedule for the owner of this property.