Location, Location, Location.
BDR Homes is a 50+ repeat SFG borrower and has purchased another perfectly located Kirkland lot for redevelopment of a future townhome project.
The subject site is within walking distance (less than .5 mile) to the thriving downtown of Kirkland, well located on Market Street. Kirkland is known for its marinas/parks on Lake Washington, exceptional local restaurants, and excellent local boutique shops. The property appraised for $2,800,000 and is zoned MSC-1 (which at the time of purchase, was selling at an average of $165.07 sf).
SFG’s knowledge of the Seattle/Bellevue/Kirkland markets, as well as the long history of previous successful deals with our borrower, BDR Homes, allows us to move extremely fast on deals like this.
Exceptional Location, Exceptional Borrower, makes for an Exceptional Deal.