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736 Southbridge Street

EagleBridge Capital Secures $10.85M Loan For Hampton Inn In Auburn, Massachusetts
FINANCEDHotel

EagleBridge Capital Secures $10.85M Loan For Hampton Inn In Auburn, Massachusetts

736 Southbridge Street

$10,850,000

Building Size

Asset Type

Hotel

Closing

Feb 24, 2025

AI

The Hampton Inn located at 736 Southbridge Street in Auburn, MA is a hotel asset involved in a mortgage refinancing transaction. The loan amount secured for this property is $10,850,000, with fixed rate terms for a period of 10 years and a 30-year amortization schedule.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $10,850,000
  • Loan Terms: Fixed rate, 10-year term, 30-year amortization
  • Address: 736 Southbridge Street
  • Market: Auburn, MA
  • Broker: Ted Sidel - EagleBridge Capital

Ted M. Sidel from EagleBridge Capital arranged the mortgage refinancing. The financing was facilitated through a national lender, specifically catering to the needs associated with the Hampton Inn.

Players

Ted Sidel

EagleBridge Capital

Broker

$229.7M

vol

17 deals

Broker
EagleBridge Capital
EagleBridge CapitalBrokerage

Auburn Hotel Market Snapshot

Boundary boundary · Hotel · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.46%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93