Edward Streit Of Hardwell Capital Secures $22.689M Refinance Loan On Santa Rosa Multifamily
3751 Sebastopol Road
$22,689,000
$212/SF
Building Size
106,929 SF
Asset Type
MultiFamily
Closing
Feb 5, 2024
AI
The property located at 3751 Sebastopol Road in Santa Rosa, a multifamily asset with 100 units spanning 106,929 square feet, was involved in a refinance loan transaction. The loan amount for this deal was $22,689,000, and it was executed under agency terms.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $22,689,000
- Address: 3751 Sebastopol Road
- Market: Santa Rosa
- Units: 100
- Square Footage: 106,929
- Broker: Edward Streit - Hardwell Capital
- Loan Type: Refinance
- Loan Terms: Agency
Edward Streit from Hardwell Capital played a crucial role in facilitating the loan refinance for this multifamily property. The deal showcases the expertise and professionalism of the individuals and companies involved in securing the financial arrangement.
Players
Santa Rosa 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
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93