Crowd Lending Inc Refinances Multifamily Property In Pawtucket, RI For $3.8M
FINANCED
$3,800,000
Rhode Island
See Similar DealsMultiFamily25,736 SF
Financed
FINANCED
Crowd Lending Inc Refinances Multifamily Property In Pawtucket, RI For $3.8M
255 Main Street
See Similar DealsMultiFamily25,736 SF
Financed
Summary
RHODE ISLAND
Asset Type:MultiFamily
Price Per Square Foot:$147
Total Square Footage:25736 SF
Transaction Type:Loan
The multifamily property located at 255 Main Street in Pawtucket, RI has undergone a loan transaction. The property spans approximately 25,736 square feet and consists of 31 units. The loan was facilitated by Crowd Lending Inc and the landlord involved in the transaction is Leslie Moore. The broker representing the deal is Robert Nichols from MIG Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Loan Type: Refinance
The loan amount for this transaction was $3,800,000. The purpose of the loan was to refinance the property. Robert Nichols from MIG Realty represented the deal as the broker. Leslie Moore acted as the landlord in the transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,800,000.00
Monthly NOI$25,333.33
Monthly Debt Service$24,018.58
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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