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Marcus & Millichap Capital Corporation Arranges $4.13M Loan For Multifamily Property In Washington DC
FINANCED
$4,130,000
MultiFamily
Financed 04/10/2026
FINANCED
Marcus & Millichap Capital Corporation Arranges $4.13M Loan For Multifamily Property In Washington DC
1706 17th Street Southeast
See Similar DealsMultiFamily
Financed 04/10/2026
Summary
Asset Type:MultiFamily
Transaction Type:Loan
A newly built multifamily property located at 1706 17th Street Southeast in Washington, D.C. features 11 units. The market value is situated within the Fairlawn neighborhood.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,130,000
- Loan Amount: $4,130,000
- Date: 04/10/2026
- Broker: Jared Cassidy - Marcus & Millichap
The financing for the property was arranged by Marcus & Millichap Capital Corporation, which provided $4.13 million in five-year, non-recourse agency financing for the acquisition.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,130,000.00
Monthly NOI$27,533.33
Monthly Debt Service$26,104.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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