FINANCEDMultiFamily
Tower Capital Arranges $37.5M Loan For Multifamily Property In Indian Trail, NC
105 Briana Marie Way, Indian Trail, North Carolina 28079, United States
$37,500,000
Units
169
Asset Type
MultiFamily
Closing
Oct 23, 2022
AI
The multifamily property located at 105 Briana Marie Way in Indian Trail, NC has recently undergone a closed transaction. This property consists of 169 units and has been involved in a loan deal.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $37,500,000
- Address: 105 Briana Marie Way, Indian Trail, NC
- Market: Indian Trail, NC
- Units: 169
The broker responsible for facilitating this loan deal is Kyle McDonough from Tower Capital.
Players
Indian Trail 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
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93