Updated Mar 11, 2025
Wyands Construction Refinances Multifamily Property In Naples With $11M Loan
115 Cambria Ln, Naples, Florida 34112, United States
$11,000,000
Units
20
Asset Type
MultiFamily
Closing
Apr 27, 2022
About this deal
AI
The multifamily property located at 115-171 Cambria Lane in Naples was recently involved in a loan transaction. The property spans across 3.77 acres and consists of 20 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $11,000,000
- Address: 115-171 Cambria Lane
- Market: Naples
- Units: 20
- Acres: 3.77
The loan for this transaction was provided by LV Lending with Camilo Niño, Ricardo Uribe & Alen Hernandez representing the lender. The loan amount for the refinance was $11,000,000. The landlord in this deal is Wyands Construction, with Sidney Hubschman as the representative of the company.
Players
Naples 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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93