FINANCEDPackage Deal
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
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
Players
Bridgeport Package Deal Market Snapshot
Boundary boundary · Package Deal · Loan transactions
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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