Equitas Capital Group Arranges $2.9M Loan For Atlanta Office Property
83 Walton Street Northwest, Atlanta, GA, USA
$2,900,000
$133/SF
Building Size
21,756 SF
Asset Type
Office
Closing
Oct 14, 2021
About this deal
AI
A commercial mortgage loan of $2,900,000 has been secured for an office property located at 83 Walton St. in Atlanta, GA. The property spans a total area of 21,756 square feet. The loan was facilitated by Alex Leykind from Equitas Capital Group, a reputable brokerage firm.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,900,000
- Address: 83 Walton St.
- Market: Atlanta, GA
- Square Footage: 21,756
Equitas Capital Group, known for their expertise in commercial financing, worked diligently to provide a customized solution for their client's financing needs. The loan terms include a fixed rate of 3.85% and a 15-year duration with an 80% loan-to-value ratio. This favorable loan package ensures the client receives the lowest rates and highest benefits within a reasonable timeframe.
For all commercial financing needs, Equitas Capital Group is dedicated to delivering exceptional service and quick solutions. Contact them at 646.637.7510 to learn more about their services and how they can assist with commercial property transactions.
Atlanta Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93