Updated Oct 28, 2024
JLL Capital Markets Arranges $21.2M Refinancing Loan For Multifamily Property In Greeley, CO
3769 West 25th Street, Greeley, Colorado 80634, United States
$21,200,000
Units
144
Asset Type
MultiFamily
Closing
Sep 25, 2022
About this deal
AI
The multifamily property located at 3769 W 25th St in Greeley, CO has been involved in a recent loan transaction. The property consists of 144 units and is owned by Morgan Energy. The deal was facilitated by JLL Capital Markets.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $21,200,000
- Loan Type: Refinancing loan
The loan transaction for the property amounted to $21,200,000 and it was a refinancing loan. The property is situated in Greeley, CO and encompasses 144 units. Morgan Energy is the landlord of this multifamily asset, while JLL Capital Markets acted as the broker for the deal.
Players
Greeley 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
0.75%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93