Updated Jul 8, 2025
Akiva Drew Of Drew Capital Secures $4.97M Loan For Philadelphia Multifamily Acquisition
1822 Benton Avenue
$4,970,000
Units
57
Asset Type
MultiFamily
Closing
Jun 29, 2025
About this deal
AI
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.
The multifamily loan at 1822 Benton Avenue in Philadelphia, Pennsylvania financed for $5M in 2025. Reported inventory is 57 units across 57 units. Akiva Drew, Drew Capital appear on the loan alongside Drew Capital. This page is the Philadelphia, Pennsylvania file for the 1822 Benton Avenue multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Philadelphia sit in the Market section below. Filter that Philadelphia multifamily set by closing date to see what else financed near 1822 Benton Avenue around 2025. Published consideration for 1822 Benton Avenue is $5M, dated 2025. Cite this Akiva Drew Of Drew Capital Secures $4.97M Loan For Philadelphia Multifamily Acquisition loan when underwriting similar multifamily product around Philadelphia, Pennsylvania.
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
3.19%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93