Updated Oct 28, 2024
Buhl Investors & Saturday Properties Secure $67M Loan For Edina Multifamily Property
3945 Market Street, Edina, Minnesota 55424, United States
$67,000,000
Units
100
Asset Type
MultiFamily
Closing
Mar 16, 2022
About this deal
AI
The multifamily property located at 3945 Market St in Edina, Minnesota has been involved in a recent loan transaction. The property consists of 100 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $67,000,000
- Market: Edina, Minnesota
The loan for this transaction was provided by Fannie Mae DUS. The landlord of the property is Buhl Investors & Saturday Properties. The brokers representing the deal were Scott Loving and Will Hintz from JLL Capital Markets.
No additional information is available regarding this transaction.
On the Map
$67,000,000
MultiFamily
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Minneapolis 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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93