FINANCED
Brandon Harris Of Black Bear Capital Partners Arranges $9.5M Loan For Multifamily Acquisition In Niles
1225 ½ North Road
MultiFamily
Financed 47 days ago
Summary
Loan
OHIO
MultiFamily
The multifamily property located at 1225 ½ North Road in Niles, OH, consists of 304 units and was acquired through an Acquisition loan amounting to $9,500,000. The 12-month interest-only, non-recourse loan also includes a 100% funded CapEx facility.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,500,000
- Address: 1225 ½ North Road
- Market: Niles, OH
- Asset Type: Multifamily
- Units: 304
Brandon Harris of Black Bear Capital Partners acted as the broker representing this acquisition deal.
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Details
FINANCED
IMAGE: Brandon Harris
DATE: 03/20/2024
ADDRESS: 1225 ½ North Road
MARKET: Niles, OH
ASSET TYPE: Multifamily ~ UNITS: 304
BROKER: Brandon Harris - Black Bear Capital Partners (@BlackBearCapitalPartners)
LOAN AMOUNT: $9,500,000
LOAN TYPE: Acquisition
LOAN TERMS: The multifamily property, spanning 304 units, was acquired via a 12-month interest-only, non-recourse loan, with a 100% funded CapEx facility.View on map
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Address1225 ½ North Road
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