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116 Faulkner Cir, Saint Rob...

Updated Oct 29, 2024

American Street Capital Refinances Multifamily Property In Saint Robert, MO For $5.9M
FINANCEDMultiFamily

American Street Capital Refinances Multifamily Property In Saint Robert, MO For $5.9M

116 Faulkner Cir, Saint Robert, Missouri 65584, United States

$5,968,000

Units

152

Asset Type

MultiFamily

Closing

Jan 19, 2023

About this deal

AI

The multifamily property located at 116 Faulkner Cir in Saint Robert, MO has recently undergone a refinancing transaction. The property consists of 152 units, making it a significant asset in the market. The transaction was facilitated by American Street Capital, represented by Igor Zhizhin. The loan amount for this refinancing deal was $5,968,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,968,000
  • Address: 116 Faulkner Cir, Saint Robert, MO
  • Market: Saint Robert, MO
  • Units: 152
  • Landlord: American Street Capital - Igor Zhizhin
  • Loan Type: Refinance

The deal was successfully executed with the support of American Street Capital, notably Igor Zhizhin. This refinancing transaction demonstrates the stability and growth potential of the multifamily property market in Saint Robert, MO. With 152 units, this asset provides a significant opportunity for both renters and investors in the area.

Players

Saint Robert MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $39.3K per unit across 152 units on a published $6M (2023).

Browse Missouri multifamily loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.66%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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