Updated May 12, 2025
Lument Refinances Multifamily Property In Warner Robins, GA For $52.1M
75 Martin Luther King Jr Boulevard Warner Robins, Georgia 31088, USA
$52,100,000
Units
671
Asset Type
MultiFamily
Closing
May 24, 2023
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 75 Martin Luther King Jr Blvd, Warner Robins, GA, comprising 671 units. The refinancing loan amount for this property is $52,100,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $52,100,000
- Lender: Lument
- Lender Representative: Steve Beltran
- Loan Type: Refinance
The deal was facilitated by Steve Beltran, representing Lument as the lender. This refinancing transaction allows for improved financial structuring for the multifamily asset.
Players
Warner Robins MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Georgia multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93