Updated Mar 11, 2025
Northmarq Provides $29.86M Freddie Mac Financing For Multifamily Property In Bellevue, NE
200 Martin Drive, Bellevue, Nebraska 68005, United States
$29,860,000
Units
339
Asset Type
MultiFamily
Closing
Sep 28, 2022
About this deal
AI
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.
On the Map
$29,860,000
MultiFamily
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Bellevue 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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93