Axiom Capital has structured and arranged a $2,118,750 permanent loan for the the acquisition of a mixed-use property with commercial space and apartments in Glens Falls, Warren County, New York.
Originally constructed in 1890, the property consists of one building with 29 units and commercial space. The apartments are a mix of studios, one-bedroom (inc. six loft style) and two-bedrooms. Thirteen units have full size washer/dryers with two laundry centers available for use by the tenants of the remaining units. The property possesses a desirable walkable environment in the middle of the charming, vibrant downtown of the City of Glens Falls – at the footstep of the Adirondacks.