Updated Sep 5, 2025
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
About this deal
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