IBorrow Provides $15.6M Acquisition Loan For Retail Property In Milton, GA
10930 Crabapple Road Milton, Georgia 30075, USA
$15,600,000
$274/SF
Building Size
56,921 SF
Asset Type
Retail
Closing
Apr 24, 2023
About this deal
AI
The property involved in the transaction is a retail asset located at 10930 Crabapple Road in Milton, GA. The property spans approximately 56,921 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $15,600,000
The lender in this transaction is iBorrow, represented by Brian Good.
The loan amount for this acquisition is $15,600,000.
The retail loan at 10930 Crabapple Road Milton, Georgia 30075, USA in Milton, Georgia financed for $15.6M in 2023. The building is 56,921 square feet, implying about 274 per square foot on the published price. Named participants on the 10930 Crabapple Road Milton, Georgia 30075, USA loan are Brian Good. This page is the Milton, Georgia file for the 10930 Crabapple Road Milton, Georgia 30075, USA retail financed: pricing, party profiles, and other closed retail comps from the same Milton sit in the Market section below. Filter that Milton retail set by closing date to see what else financed near 10930 Crabapple Road Milton, Georgia 30075, USA around 2023. Published consideration for 10930 Crabapple Road Milton, Georgia 30075, USA is $15.6M, dated 2023. Cite this IBorrow Provides $15.6M Acquisition Loan For Retail Property In Milton, GA loan when underwriting similar retail product around Milton, Georgia.
On the Map
$15,600,000
$274/SF
Retail
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Players
Milton Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93