Acquisition & Construction Financing | Point Loma, CA | $1,635,981

san diego construction financing 3125 Keats (2)

Deal Summary: ABP Capital provided acquisition and construction financing to a local developer to acquire an existing duplex in historic Point Loma, California. The developer plans to build four, 1,300+ square foot town homes on Keats Street. The property is located within walking distance of a large grocery store, Starbucks, and other community amenities.

Loan Amount: $1,635,981

Loan Type: Acquisition and Construction Financing

Loan Term: 12 Months

Property Type: 4-unit Town home

Property Location: Point Loma, CA 92106

Total Lot Size: 5,000 sf.

Property Square Footage: 5,212 sf.