preview

Attn: A Case Analysis Of Sahara Towne Centre

Satisfactory Essays

April 24, 2016 Bank America 5950 W Sahara Ave. Las Vegas, NV 89146 Attn: Commercial Loan Department ABC Enterprises owns the successful strip mall operating under the DBA/Sahara Towne Centre. The property is located at 7063 W Sahara Ave., Las Vegas, NV 89146. We began operations in April of 2005, and currently have long-term leases with two major retailers and several well-established local companies. Over the past five-years, Sahara Towne Centre has maintained a turnover rate of less than 1% and presently has no vacancies. Last year, our annual revenue was $2,000,000, with net income of $628,512 and CFAT of $646,461. We are looking to refinance the remaining loan balance of $818,523 and borrow an additional $250,000. The property’s cost

Get Access