Updated Dec 19, 2023
Black Bear Capital Partners Brokers $6.05M Refinance Loan For 32-unit Multifamily Property In Chalfont, PA
200 Village Way, Chalfont, PA, USA
$6,050,000
$3,235/SF
Building Size
1,870 SF
Asset Type
MultiFamily
Closing
Oct 1, 2021
About this deal
AI
The 32-unit multifamily property located at 100-200 Village Way in Chalfont, PA has recently undergone a refinancing transaction. The property, captured in an image by Brandon Harris, is a part of the multifamily asset class and consists of 32 residential units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,050,000
- Loan Type: Refinance
- Loan Terms: The property was refinanced with a 25-year fixed rate loan at 3.25%.
- Market: Chalfont, PA
- Units: 32
Facilitating the transaction was broker Brandon Harris from Black Bear Capital Partners. As the representative of the deal, Harris played an instrumental role in securing the refinancing for the multifamily property.
Chalfont 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
2.62%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93