WV Owner LLC Secures $7.8M Construction Loan For Residential Property In Goffstown, NH
FINANCED
$7,800,000
New Hampshire
See Similar DealsCo-Op
Financed 08/17/2021
FINANCED
WV Owner LLC Secures $7.8M Construction Loan For Residential Property In Goffstown, NH
Arbor Circle, Litchfield, NH, USA
See Similar DealsCo-Op
Financed 08/17/2021
Summary
NEW HAMPSHIRE
Asset Type:Co-Op
Transaction Type:Loan
The residential property located on Arbor Circle in Goffstown, NH was involved in a recent transaction. The property is owned by WV Owner LLC and the lender for the transaction was citizens''>Citizens, represented by Joe Carelli. The transaction took place on August 17, 2021. The loan amount for this transaction was $7,800,000 and it was a construction loan.
Summary of transaction details
- Property Type: Residential
- Transaction Amount: $7,800,000
- Address: Arbor Circle, Goffstown, NH
- Owner: WV Owner LLC
- Lender: Citizens - Joe Carelli
This transaction involved a construction loan for the residential property on Arbor Circle. The individuals behind the deal include WV Owner LLC, the owner of the property, and Citizens, the lender for the transaction represented by Joe Carelli.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$7,800,000.00
Monthly NOI$52,000.00
Monthly Debt Service$49,301.31
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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