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Robert Bhat Of Marcus & Millichap Arranges $5.005M Loan For Multifamily Property In Methuen

Property Image
FINANCED
$5,005,000

Massachusetts

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MultiFamily
Financed 09/26/2025
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Property Image
FINANCED

Robert Bhat Of Marcus & Millichap Arranges $5.005M Loan For Multifamily Property In Methuen

11 Ashton Place

See Similar Deals
MultiFamily
Financed 09/26/2025
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Loan

A 30-unit multifamily property located at 11 Ashton Place, Methuen, Massachusetts, was recently renovated and rebranded as Arrowpoint at Ashton Place. The transaction involved a loan amounting to $5,005,000 to facilitate the financing of the asset.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,005,000
  • Address: 11 Ashton Place
  • Market: Methuen, MA
  • Broker: Robert Bhat - Marcus & Millichap

Robert Bhat, Senior Managing Director at Marcus & Millichap, successfully secured financing for a private client, emphasizing the property’s location and recent upgrades as determinants for favorable loan terms.

Players

Robert Bhat
Marcus & Millichap
Robert Bhat
53 deals$728.1M volume(804) 229-4460
BROKER
Marcus & Millichap
Marcus & Millichap
BROKERAGE

Details

FINANCED
IMAGE: Robert Bhat DATE: 09/26/2025 ADDRESS: 11 Ashton Place MARKET: Methuen, MA ASSET TYPE: Multifamily BROKER: Robert Bhat ( @_bhat___) - Marcus & Millichap (@MarcusMillichapInc) LOAN AMOUNT: $5,005,000 NOTE: Marcus & Millichap Capital Corporation arranged $5.005 million in agency financing for a 30-unit multifamily property in Methuen, Massachusetts, recently renovated and rebranded as Arrowpoint at Ashton Place. Senior Managing Director Robert Bhat secured the deal for a private client, citing the property’s location and upgrades as key to achieving favorable terms.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$5,005,000.00

Monthly NOI$33,366.67
Monthly Debt Service$31,635.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00