Christopher J. Roche Of Crowd Lending Provides $3.95M Refinance Loan For Weymouth Multifamily
FINANCED
$3,950,000
Massachusetts
See Similar DealsMultiFamily30,392 SF
Financed 02/03/2025
FINANCED
Christopher J. Roche Of Crowd Lending Provides $3.95M Refinance Loan For Weymouth Multifamily
122 Washington Street
See Similar DealsMultiFamily30,392 SF
Financed 02/03/2025
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$130
Total Square Footage:30,392 SF
Transaction Type:Loan
The property asset involved in the transaction is a multifamily building located at 122 Washington Street in Weymouth, MA. The asset comprises 30,392 square feet and consists of 29 units. The loan amount secured for this property is $3,950,000 under a refinance loan type with terms set for 12 months.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $3,950,000
- Market: Weymouth, MA
- Asset Square Footage: 30,392
- Units: 29
- Lender: Christopher J. Roche - Crowd Lending
- Loan Type: Refinance
- Loan Terms: 12 Months
The transaction is facilitated by Christopher J. Roche, representing Crowd Lending, highlighting a focus on fast and flexible funding options available for investment properties.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,950,000.00
Monthly NOI$26,333.33
Monthly Debt Service$24,966.69
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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