Updated Oct 28, 2024
Capital One Provides $50M Acquisition Loan For 286-Unit Multifamily In Glendale, AZ
10000 West Missouri Avenue, Glendale, Arizona 85305, United States
$50,000,000
Units
286
Asset Type
MultiFamily
Closing
Aug 25, 2022
About this deal
AI
Located at 10000 West Missouri Ave in Glendale, AZ, this multifamily property consists of 286 units. The property was recently involved in a closed transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $50,000,000
- Address: 10000 West Missouri Ave, Glendale, AZ
- Market: Glendale, AZ
- Lender: Capital One
- Landlord: American Landmark Apartments
- Loan Type: Acquisition
In this transaction, Capital One provided a loan amount of $50,000,000 to facilitate the acquisition of this multifamily property located at 10000 West Missouri Ave in Glendale, AZ. American Landmark Apartments acted as the landlord in this deal.
Players
Glendale 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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93