Updated Jul 30, 2026
LendingOne Provides $270,000 Loan For MultiFamily Property At 300 West Coulter St Philadelphia
300 West Coulter St
$270,000
$74/SF
Building Size
3,642 SF
Asset Type
MultiFamily
Closing
Sep 28, 2022
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 300 West Coulter St, in the Philadelphia market. The loan for this property was issued for the amount of $270,000.00 on September 28, 2022.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $270,000.00
- Loan Date: 09/28/2022
- Address: 300 West Coulter St
- Market: Philadelphia
- Lender: LendingOne
- Brokers: Michael J. Gefter
The key individuals involved in this transaction include Michael J. Gefter, who served as the broker representative. LendingOne acted as the lender for the amount specified, facilitating the financing for this property transaction.
Players
Philadelphia 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
58.75%
Cash-on-Cash
-16.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93