Commercial Loans for Self Storage Facilities




Net Equity Financial Mortgage offers commercial real estate mortgage loans for self-storage facilities in most primary and secondary market locations. Tertiary locations are on a case by case basis. Net Equity Financial understands the unique financing needs of self-storage properties. We provide commercial property loans for the acquisition or refinancing of above average condition self-storage buildings.

 

Self-storage commercial mortgages are provided for self-storage and mini-storage properties that are stabilized and are located in high traffic metropolitan areas. Construction should be concrete block, brick, or wood framed. Preference is shown towards single story facilities unless a drive-up access is provided. Metal building self-storage facilities accepted on a case-by-case basis with limits on both term and amortization. Net Equity Financial provides financing for self-storage properties through our and SBA 504 and 7a loan programs.

 

Large Balance Self Storage 

Commercial Loans


Large balance self-storage commercial real estate loan program is designed for average and above average condition property types located in medium to large market sectors. Secondary and tertiary markets are considered on a case by case basis.

· Minimum Self-Storage Loan Size is $500,000

· Loan Collateralized by Commercial Real Estate - No Business Only Financing

· Acquisition or Refinance of Stabilized
Self Storage Properties

· Bank, Conduit, SBA and Conventional Financing Available

· 3, 5, 7, 10 Year Fixed Rates

· 15, 20, 25, & 30 Year Amortizations

· Flexible Prepay Options

· 75% LTV

· Minimum 660 Credit Score

· 3 Years of Historical Income Req.

· Low Minimum 1.25 DSCR

Small Balance Self Storage Commercial Loans


Our small balance self-storage loan programs are designed for loan sizes from 600,000 to $1,000,000. Stated income self-storage commercial loans are available for most commercial real estate property types located in medium and large market sectors across the country.

Net Equity Financial Mortgage offers office commercial loan options as a part of our Self Storage Building Commercial Loan Program. To qualify for a self storage loan, the building must support a minimum 1.25 DSC. Stated income Self Storage commercial property loans are available with a maximum LTV of 55%.


 

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