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3200 Haverhill Road

Demian Perelmuter Of F/Advance Capital Secures $9.625 Million Loan For 3200 Haverhill Road Multifamily
FINANCEDMultiFamily

Demian Perelmuter Of F/Advance Capital Secures $9.625 Million Loan For 3200 Haverhill Road Multifamily

3200 Haverhill Road

$9,625,000

$125/SF

Building Size

76,800 SF

Asset Type

MultiFamily

Closing

Nov 21, 2024

AI

The property asset involved in the transaction is a multifamily building located at 3200 Haverhill Road in the West Palm Beach market. This asset spans a total square footage of 76,800 and consists of 60 residential units, with an acquisition loan amounting to $9,625,000 facilitated by RWC Lending.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $9,625,000
  • Address: 3200 Haverhill Road
  • Market: West Palm Beach
  • Square Footage: 76,800
  • Units: 60
  • Lender: RWC Lending
  • Landlord: F/Advance Capital - Demian Perelmuter
  • Brokers: Rebecca VanReken, Wesley Moczul & Edmund Aramayo - Berkadia

The deal was represented by brokers Rebecca VanReken, Wesley Moczul, and Edmund Aramayo from Berkadia, who facilitated the transaction on behalf of their client, the landlord, F/Advance Capital under the representation of Demian Perelmuter.

Players

Wesley Moczul

Berkadia

Broker

$905.2M

vol

20 deals

Broker
RWC Lending
RWC LendingLender

West Palm 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

1.65%

Cash-on-Cash

-0.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93