HUD Refinances 36-Unit Multifamily Property In West Fargo, ND For $5.8M

The multifamily property located at 3100 Sheyenne Street in West Fargo, ND has undergone a refinancing transaction. The property consists of 36 units and is owned by EPIC Companies. The loan was obtained from the Federal Housing Administration/hud''>HUD for a total amount of $5,800,000. The loan term is set for 35 years.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,800,000
• Address: 3100 Sheyenne Street, West Fargo, ND
• Market: West Fargo, ND
• Units: 36

The loan was facilitated by Northmarq acting as the broker for the transaction. Their role involved representing the interests of the parties involved in the deal.