On June 25, 2014, Masjid-As-Salaamah Inc. purchased an adjacent office building property located at 5241-5243 Cleveland Ave to secure extra 45 parking spaces for the masjid and to convert the building to an education center in the future. We need an urgent help to pay off the building and to reconfigure the property to better serve our community.
New building purchase price = $625,000.
Down Payment = $40,000. Paid
Estimated conversion and remodeling price = $ 70,000.
Monthly Payment = $5,000
Total monthly payments paid so far = $130,000. Paid
Cash at hand = $40,000
Total funds urgently needed = $485,000.
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