Alex Sigman & Sean Kelly-Rand Provide $2M Refinance For Haverhill Multifamily Property
FINANCED
$2,000,000
Massachusetts
See Similar DealsMultiFamily43,110 SF
Financed 12/02/2024
FINANCED
Alex Sigman & Sean Kelly-Rand Provide $2M Refinance For Haverhill Multifamily Property
Railroad Street
See Similar DealsMultiFamily43,110 SF
Financed 12/02/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$46
Total Square Footage:43,110 SF
Transaction Type:Loan
The property asset involved in this transaction is a multifamily structure located at 58-60 Railroad St, Haverhill, MA. The total square footage of the property is 43,110. The loan amount for this refinance transaction is $2,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Asset Address: 58-60 Railroad St
- Market: Haverhill, MA
- Lender: Alex Sigman & Sean Kelly-Rand - RD Advisors
- Loan Type: Refinance
This transaction features Alex Sigman and Sean Kelly-Rand as the lenders from RD Advisors, who are currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts. They have provided a streamlined process for submitting deals through their website.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,000,000.00
Monthly NOI$13,333.33
Monthly Debt Service$12,641.36
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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