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IBorrow Provides $15.6M Acquisition Loan For Retail Property In Milton, GA
FINANCED
$15,600,000
Georgia
See Similar DealsRetail56,921 SF
Financed 04/24/2023
FINANCED
IBorrow Provides $15.6M Acquisition Loan For Retail Property In Milton, GA
10930 Crabapple Road Milton, Georgia 30075, USA
See Similar DealsRetail56,921 SF
Financed 04/24/2023
Summary
GEORGIA
Asset Type:Retail
Price Per Square Foot:$274
Total Square Footage:56,921 SF
Transaction Type:Loan
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.
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Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$15,600,000.00
Monthly NOI$104,000.00
Monthly Debt Service$98,602.61
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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