Updated Oct 21, 2026
Mark Silver Of Sunday Capital Provides $8,425,920 Loan For Multifamily Acquisition In Mobile AL
551 Village Green Drive East
$8,425,920
Building Size
—
Asset Type
MultiFamily
Closing
Sep 23, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 551 Village Green Drive East in Mobile, AL. The acquisition is valued at a loan amount of $8,425,920, which is structured with a loan term of 24 months and an option for a 12-month extension.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,425,920
- Loan Type: Acquisition
- Loan Terms: 24 Months w/ 12 Month Extension
- Lender: Mark Silver - Sunday Capital
Mark Silver serves as the lender in this transaction, representing Sunday Capital. The financial structure has been designed to facilitate the acquisition of the mentioned property, emphasizing the critical role of the lender in the deal.
On the Map
$8,425,920
MultiFamily
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Players
Mobile MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.88%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93