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Akiva Drew Of Drew Capital Secures $4.97M Loan For Philadelphia Multifamily Acquisition

Property Image
FINANCED
$4,970,000

Pennsylvania

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MultiFamily
Financed 06/30/2025
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Property Image
FINANCED

Akiva Drew Of Drew Capital Secures $4.97M Loan For Philadelphia Multifamily Acquisition

1822 Benton Avenue

See Similar Deals
MultiFamily
Financed 06/30/2025
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Summary

PENNSYLVANIA
Asset Type:MultiFamily
Transaction Type:Loan

This multifamily asset, located at 1822 Benton Avenue in Philadelphia, comprises 57 units. The acquisition loan amount for this transaction is $4,970,000, reflecting its valuation in the market.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,970,000
  • Loan Type: Acquisition
  • Broker: Akiva Drew - Drew Capital
  • Transaction Date: 06/30/2025

Akiva Drew from Drew Capital represents the lender in this acquisition deal, handling the transaction aspects effectively to ensure completion.

Players

Akiva Drew
8 deals$185.9M volume(908) 783-4553
BROKER

Drew Capital
BROKERAGE

Details

FINANCED
IMAGE: Akiva Drew DATE: 06/30/2025 ADDRESS: 1822 Benton Avenue MARKET: Philadelphia ASSET TYPE: Multifamily ~ UNITS: 57 BROKER: Akiva Drew (@AkivaDrew) - Drew Capital (@DrewCap) LOAN AMOUNT: $4,970,000 LOAN TYPE: Acquisition

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$4,970,000.00

Monthly NOI$33,133.33
Monthly Debt Service$31,413.78
Change in Cash Flow$0.00
Refinance Proceeds$0.00