facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Missouri

/

Multifamily

/

Loan

/

8101 Northwest Barrybrooke ...

Northmarq Provides $38.9M Fannie Mae Financing For Timberland Partners' Multifamily Property At 8101 NW Barrybrooke Drive In Kansas City, MO
FINANCEDMultiFamily

Northmarq Provides $38.9M Fannie Mae Financing For Timberland Partners' Multifamily Property At 8101 NW Barrybrooke Drive In Kansas City, MO

8101 Northwest Barrybrooke Drive, Kansas City, Missouri 64151, United States

$38,900,000

Units

276

Asset Type

MultiFamily

Closing

Sep 29, 2022

AI

8101 NW Barrybrooke Drive in Kansas City, MO, is a multifamily property consisting of 276 units. The property has recently undergone a closed transaction, with a loan obtained from northmarq''>Northmarq, a prominent lender. Timberland Partners, the landlord, facilitated the deal.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $38,900,000
  • Loan Type: Fannie Mae financing

Northmarq provided a loan amount of $38,900,000 for the acquisition of 8101 NW Barrybrooke Drive. The multifamily property, with its 276 units, attracted the attention of Timberland Partners, who acted as the landlord in the transaction.

Players

NorthMarq
NorthMarqBrokerage
NorthMarq
NorthMarqLender

Kansas City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93