Graycliff Capital Partners & Buligo Capital Partners Secures $52.7M Loan For 252-Unit Multifamily In Johnstown, CO
5150 Ronald Reagan Boulevard, Johnstown, Colorado 80534, United States
$52,700,000
Units
252
Asset Type
MultiFamily
Closing
Oct 19, 2022
AI
The multifamily property located at 5150 Ronald Reagan Blvd in Johnstown, CO has undergone a closed transaction. The property consists of 252 units and was involved in a loan deal.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $52,700,000
The lender for this loan deal was ACRE. The landlords involved in the transaction were Graycliff Capital Partners and Buligo Capital Partners.
Players
Johnstown MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93