Updated Dec 21, 2023
Grandbridge Real Estate Capital Refinances 72-Unit Multifamily Property In Fremont, NE For $6.9M
1034 East 29th Street, Fremont, Nebraska 68025, United States
$6,900,000
Units
72
Asset Type
MultiFamily
Closing
Sep 13, 2022
About this deal
AI
The property involved in this transaction is a multifamily asset located at 1034 E 29th Street, Fremont. It consists of 72 units and is situated in the market of Fremont, NE.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,900,000
- Loan Type: Refinance
- Loan Terms: Permanent, fixed-rate loan
The brokers responsible for this deal are Brett Olson and Jeff Witt from Grandbridge Real Estate Capital.
The multifamily loan at 1034 East 29th Street, Fremont, Nebraska 68025, United States in Fremont, Nebraska financed for $6.9M in 2022. Reported inventory is 72 units across 72 units. Jeff Witt, Brett Olson, Grandbridge Real Estate Capital appear on the loan alongside Grandbridge Real Estate Capital. This page is the Fremont, Nebraska file for the 1034 East 29th Street, Fremont, Nebraska 68025, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Fremont sit in the Market section below. Filter that Fremont multifamily set by closing date to see what else financed near 1034 East 29th Street, Fremont, Nebraska 68025, United States around 2022. Published consideration for 1034 East 29th Street, Fremont, Nebraska 68025, United States is $6.9M, dated 2022. Cite this Grandbridge Real Estate Capital Refinances 72-Unit Multifamily Property In Fremont, NE For $6.9M loan when underwriting similar multifamily product around Fremont, Nebraska.
Players
Fremont 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
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93