Updated Oct 28, 2024
WV Owner LLC Secures $7.8M Construction Loan For Residential Property In Goffstown, NH
Arbor Circle, Litchfield, NH, USA
$7,800,000
Building Size
—
Asset Type
Co-Op
Closing
Aug 16, 2021
About this deal
AI
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
Litchfield Co-Op Market Snapshot
Boundary boundary · Co-Op · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93