Northmarq Provides $29.86M Freddie Mac Financing For Multifamily Property In Bellevue, NE
FINANCED
$29,860,000
Nebraska
See Similar DealsMultiFamily
Financed 09/29/2022
FINANCED
Northmarq Provides $29.86M Freddie Mac Financing For Multifamily Property In Bellevue, NE
200 Martin Drive, Bellevue, Nebraska 68005, United States
See Similar DealsMultiFamily
Financed 09/29/2022
Summary
NEBRASKA
Asset Type:MultiFamily
Transaction Type:Loan
The multifamily property at 200 Martin Drive in Bellevue, NE recently underwent a closed transaction. The property consists of 339 units and was financed through Freddie Mac financing.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $29,860,000
- Address: 200 Martin Drive, Bellevue, NE
- Market: Bellevue, NE
- Lender: northmarq''>Northmarq
- Loan Type: Freddie Mac financing
Northmarq provided the financing for this transaction. The loan amount of $29,860,000 was secured through Freddie Mac financing. The property is located at 200 Martin Drive in Bellevue, NE, and is comprised of 339 units.
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$29,860,000.00
Monthly NOI$199,066.67
Monthly Debt Service$188,735.51
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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