Updated Oct 29, 2024
DLP Capital Provides $24.4M Acquisition Loan For Multifamily Property In Nampa, ID
18022 Gold Miner Ln, Nampa, Idaho 83687, United States
$24,400,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 16, 2022
About this deal
AI
The recently closed transaction involved a multifamily property located at 18022 Gold Miner Lane in Nampa, ID. The property was acquired by Life Bridge Capital with the assistance of their representative, Don Wenner from DLP Capital. The loan for the acquisition was provided by DLP Capital, with a total amount of $24,400,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $24,400,000
- Lender: DLP Capital - Don Wenner
- Landlord: Life Bridge Capital
Don Wenner from DLP Capital played a crucial role in facilitating this acquisition as the lender representative. This transaction marks an important milestone for Life Bridge Capital and their expansion in the Nampa, ID market.
Players
Nampa MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93