Updated Dec 4, 2024
Arbor Arranges $2.3M Refinance Loan For Package Deal In Bridgeport, CT
304 Benham Avenue
$2,318,000
$82/SF
Building Size
28,000 SF
Asset Type
Package Deal
Closing
Feb 2, 2024
About this deal
AI
Summary of transation details
- Property Type: Package Deal
- Transaction Amount: $2,318,000
- Address: 304 Benham Avenue
- Market: Bridgeport, CT
- Asset Type: SF 28,000
- Lender: Arbor
- Broker: Abe Mann - Mann Capital Advisors
- Loan Type: Refinance
- Loan Terms: 5 years fixed, full-term IO
The package deal loan at 304 Benham Avenue in Bridgeport, Connecticut financed for $2.3M in 2024. The building is 28,000 square feet, implying about 82 per square foot on the published price. Abe Mann, Mann Capital Advisors appear on the loan alongside Mann Capital Advisors. This page is the Bridgeport, Connecticut file for the 304 Benham Avenue package deal financed: pricing, party profiles, and other closed package deal comps from the same Bridgeport sit in the Market section below. Filter that Bridgeport package deal set by closing date to see what else financed near 304 Benham Avenue around 2024. Published consideration for 304 Benham Avenue is $2.3M, dated 2024. Cite this Arbor Arranges $2.3M Refinance Loan For Package Deal In Bridgeport, CT loan when underwriting similar package deal product around Bridgeport, Connecticut.
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Bridgeport Package Deal Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.84%
Cash-on-Cash
-1.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93