Updated Feb 5, 2025
Columbia Pacific Advisors Provides $38.1M Loan For Santa Rosa Beach Multifamily Investment
179 South Co Highway 393, Santa Rosa Beach, FL, USA
$38,100,000
$100/SF
Building Size
381,150 SF
Asset Type
MultiFamily
Closing
Aug 10, 2020
About this deal
AI
The multifamily property located at 179 County Highway 393 South in Santa Rosa Beach has recently been involved in a loan transaction. The loan was provided by Columbia Pacific Advisors for a total amount of $38,100,000. The property consists of 122 units.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $38,100,000
- Lender: Columbia Pacific Advisors
- Units: 122
In this loan transaction, Columbia Pacific Advisors played a crucial role as the lender. They provided the significant loan amount of $38,100,000 to facilitate the investment in the multifamily property. The deal showcases the trust and confidence placed in the property's potential by both the borrower and the lender.
Players
Santa Rosa Beach 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
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93