Updated Nov 29, 2024
Dwight Capital Provides $45M Loan For Multifamily Property In Marietta, GA
3702 River Heights Crossing Southeast Marietta, Georgia 30067, USA
$45,000,000
$129,310/SF
Building Size
348 SF
Asset Type
MultiFamily
Closing
May 17, 2023
About this deal
AI
The multifamily property located at 3702 River Heights Crossing Southeast in Marietta, GA was involved in a recent loan transaction. The loan was obtained from Dwight Capital for an amount of $45,000,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $45,000,000
- Address: 3702 River Heights Crossing Southeast, Marietta, GA
- Market: Marietta, GA
- Square Footage: 348 SF
- Lender: Dwight Capital
This loan transaction highlights the financial aspect of the deal. Dwight Capital provided the financing to support the acquisition or refinancing of the multifamily property at 3702 River Heights Crossing Southeast in Marietta, GA.
Players
Marietta 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93