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We Lend LLC Provides Acquisition Loan For 12-Unit Multifamily Property In Fort Lauderdale

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FINANCED
$1,172,500
Luigi Ferrer
Andrew Schnissel
Moses Suleymanov
+ 1

Florida

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MultiFamily4,186 SF
Financed
the dealplayerscompscontact
Property Image
FINANCED

We Lend LLC Provides Acquisition Loan For 12-Unit Multifamily Property In Fort Lauderdale

2300 Northwest 6th Street, Fort Lauderdale, Florida 33311, United States

See Similar Deals
MultiFamily4,186 SF
Financed
Luigi Ferrer
Andrew Schnissel
Moses Suleymanov
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$280
Total Square Footage:4,186 SF
Transaction Type:Loan

The property involved in this transaction is a multifamily asset located at 2300 NW 6th Street in Fort Lauderdale. The property consists of 12 units with a total square footage of 4,186.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,172,500
  • Units: 12
  • Square Footage: 4,186
  • Address: 2300 NW 6th Street
  • Market: Fort Lauderdale

The lender for this transaction is We Lend LLC. The loan amount for the acquisition loan is $1,172,500. The broker involved in the deal is Luigi Ferrer. The individuals representing We Lend LLC in this transaction are Ruben Izgelov, Solomon Suleymanov, Moses Suleymanov, and Andrew Schnissel.

If you have any inquiries regarding the loan, please reach out to Solomon Suleymanov at [email protected].

Players

Luigi Ferrer
Luigi Ferrer
5 deals$7.9M volume
BROKER
Andrew Schnissel
We Lend
Andrew Schnissel
7 deals$20.9M volume
LENDER
Moses Suleymanov
We Lend
Moses Suleymanov
24 deals$44.4M volume
LENDER
Ruben Izgelov
We Lend
Ruben Izgelov
23 deals$43.6M volume
LENDER
We Lend
We Lend
LENDER
We Lend
We Lend
LENDER

Details

FINANCED
IMAGE: Luigi Ferrer, Ruben Izgelov & Solomon Suleymanov DATE: 03/31/2022 ADDRESS: 2300 NW 6th Street MARKET: Fort Lauderdale ASSET TYPE: Multifamily ~ UNITS: 12 ~ SF: 4,186 LENDER: We Lend LLC (@WeLendLLC) - Ruben Izgelov (@Ruben_Izgel), Solomon Suleymanov (@Sal_Solomons), Moses Suleymanov (@Moses.Suley) & Andrew Schnissel BROKER: Luigi Ferrer (@Luigi305i) LOAN AMOUNT: $1,172,500 LOAN TYPE: Acquisition Loan NOTE FROM LENDER: Loan Amount: $1,172,500 Program: Multifamily – 12 units Wholesaler: Luigi Ferrer Please reach out to Solomon Suleymanov at [email protected] for any loan inquiries.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,172,500.00

Monthly NOI$7,816.67
Monthly Debt Service$7,411.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00