FINANCEDMultiFamily
Meridian Capital Group Arranges $8.5M Refinance Loan For Multifamily Property In Ansonia, CT
Beaver Brooks Apartments
$8,500,000
$8,500,000/SF
Building Size
1 SF
Asset Type
MultiFamily
Closing
Dec 5, 2022
AI
The Beaver Brooks Apartments in Ansonia, CT have undergone a refinancing transaction. The loan amount for this transaction was $8,500,000. The loan type was a refinance.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,500,000
- Address: Beaver Brooks Apartments, Ansonia, CT
- Market: Ansonia, CT
The brokers involved in this loan transaction were Morris Diamant and Joseph Akerman from Meridian Capital Group.
Players
Ansonia, CT 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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93