Distribution and Manufacturing Center

Morristown, TN

SALIENT DEAL POINTS

  • Cash out equal to 2.5x of the initial purchase price
  • Negotiated no holdback for renovation in progress
  • Navigated a phase 2 environmental inspection due to prior manufacturing use

CAPITALIZATION HIGHLIGHTS

  • $4.5MM
  • 10 year term with 25 year amortization
  • Pre-payable any time without penalty
  • Funding Source: Credit Union