Greystone Provides $10.4M Acquisition Loan For 100-Unit Multifamily Property In Decatur, GA
1150 Maple Walk Cir Decatur, Georgia 30032, USA
$10,377,000
Building Size
—
Asset Type
MultiFamily
Closing
May 2, 2023
AI
An acquisition loan of $10,377,000 has been secured for a multifamily property located at 1150 Maple Walk Cir in Decatur, GA. The property features 100 units and is situated in the Decatur market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,377,000
- Lender: Greystone - Dan Sacks & Avi Kozlowski
- Loan Type: Acquisition
The acquisition loan was provided by Greystone, with Dan Sacks and Avi Kozlowski representing the lender. The loan will facilitate the acquisition of the multifamily property at 1150 Maple Walk Cir in Decatur, GA, consisting of 100 units.
Players
Atlanta 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
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93