We Lend LLC Provides $3.175M Acquisition Loan For Residential Apt In Golden Beach
Golden Beach, Florida, United States
$3,175,000
$432/SF
Building Size
7,340 SF
Asset Type
Single Family Residence
Closing
Jan 24, 2022
AI
A residential apartment in Golden Beach, with a square footage of 3,575, was involved in a recent closed transaction. The transaction took place on 01/25/2022. The property was acquired through an acquisition loan.
Summary of transaction details
- Property Type: Residential Apartment
- Transaction Amount: $3,175,000
- Market: Golden Beach
- Lender: We Lend LLC - Ruben Izgelov, Solomon Suleymanov, Moses Suleymanov & Andrew Schnissel
The key individuals and companies involved in the transaction are Ruben Izgelov, Solomon Suleymanov, Moses Suleymanov, and Andrew Schnissel representing We Lend LLC. They provided an acquisition loan amount of $3,175,000 for the property in Golden Beach.
Players
North Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.00%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93