Grandbridge Real Estate Capital Refinances 72-Unit Multifamily Property In Fremont, NE For $6.9M
FINANCED
$6,900,000
Nebraska
See Similar DealsMultiFamily
Financed 09/14/2022
FINANCED
Grandbridge Real Estate Capital Refinances 72-Unit Multifamily Property In Fremont, NE For $6.9M
1034 East 29th Street, Fremont, Nebraska 68025, United States
See Similar DealsMultiFamily
Financed 09/14/2022
Summary
NEBRASKA
Asset Type:MultiFamily
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,900,000.00
Monthly NOI$46,000.00
Monthly Debt Service$43,612.69
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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