Benjamin Marshall Secures $1.5M Refinance Loan For Multifamily Property From RD Advisors
38 Railroad Street
$1,500,000
$143/SF
Building Size
10,428 SF
Asset Type
MultiFamily
Closing
Aug 18, 2025
AI
The property involved in this transaction is located at 38 Railroad Street in Haverhill, MA. It is a multifamily asset with a total square footage of 10,428. The loan amount for this refinancing transaction is set at $1,500,000.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Lender: Alex Sigman & Sean Kelly-Rand - RD Advisors
- Landlord: Benjamin Marshall
- Loan Type: Refinance
The key individuals in this deal include lenders Alex Sigman and Sean Kelly-Rand, who represent RD Advisors, and landlord Benjamin Marshall. RD Advisors is currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts.
Players
Haverhill MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93