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5575 S 206th Ct, Omaha, NE ...

Updated Oct 29, 2024

Hamilton Point Investments LLC Acquires Multifamily Property In Omaha, NE For $67.3M
FINANCEDMultiFamily

Hamilton Point Investments LLC Acquires Multifamily Property In Omaha, NE For $67.3M

5575 S 206th Ct, Omaha, NE 68022

$67,300,000

Units

588

Asset Type

MultiFamily

Closing

Jan 13, 2023

About this deal

AI

The multifamily property located at 5575 S. 206th Court & 6610 N. 155th Court in Omaha, NE has been involved in a loan transaction. The property consists of 588 units and is owned by Hamilton Point Investments LLC. The loan, valued at $67,300,000, was acquired for the property by the buyer. The broker representing the buyer in this acquisition was John Reed from Northmarq.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $67,300,000
  • Address: 5575 S. 206th Court & 6610 N. 155th Court, Omaha, NE
  • Market: Omaha, NE
  • Units: 588
  • Landlord: Hamilton Point Investments LLC
  • Broker: John Reed - Northmarq
  • Loan Type: Acquisition

The loan transaction for this multifamily property was successfully facilitated by the buyer's representative, John Reed from Northmarq. With this acquisition, the buyer has obtained the necessary funding to secure the property for their investment portfolio.

Players

Hamilton Point Investments LLC
Hamilton Point Investments LLCLandlord

Elkhorn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $114.5K per unit across 588 units on a published $67.3M (2023).

Browse Elkhorn multifamily loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.24%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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