Atkins Hall, Lee Road, Cork City
Atkins Hall, Lee Road, Cork City
Bridging and Working Capital Finance
Location:
Atkins Hall, Lee Road, Cork City
Loan Amount:
€8.528 Million
In 2014, the borrowers made a strategic investment in Atkins Hall apartments, acquiring a total of 104 residential units across five blocks in Cork City. Since then, they have refurbished 49 of these units, channeling the proceeds from these renovations to effectively refinance their existing debt associated with this subset. The refurbished units boast ample potential for expansion, with opportunities to capitalize on unused space within both the building and its surrounding site perimeter.