Casimir Groblewski & Colin Monahan Of Fantini & Gorga Arrange $3.5M Loan For Swampscott Retail Property At 430 Paradise Rd
FINANCED
$3,477,500
Massachusetts
See Similar DealsRetail
Financed 05/09/2022
FINANCED
Casimir Groblewski & Colin Monahan Of Fantini & Gorga Arrange $3.5M Loan For Swampscott Retail Property At 430 Paradise Rd
430 Paradise Road, Swampscott, Massachusetts 01907, United States
See Similar DealsRetail
Financed 05/09/2022
Summary
MASSACHUSETTS
Asset Type:Retail
Transaction Type:Loan
A retail property located at 430 Paradise Rd in Swampscott, MA recently closed in a transaction. The loan amount for this deal was $3,477,500. The property is situated in a bustling market and offers potential for various retail opportunities.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,477,500
- Address: 430 Paradise Rd, Swampscott, MA
- Market: Swampscott, MA
The deal was facilitated by brokers Casimir Groblewski and Colin Monahan from Fantini & Gorga. They played a crucial role in bringing together the parties involved in this successful transaction, ensuring a smooth and efficient process.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,477,500.00
Monthly NOI$23,183.33
Monthly Debt Service$21,980.17
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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