Updated Nov 27, 2024
Berkadia Provides $16.7M Loan For Multifamily Property At 30 Beecher St In Pawtucket, RI
30 Beecher Street, Pawtucket, RI
$16,700,000
$101/SF
Building Size
164,938 SF
Asset Type
MultiFamily
Closing
Jun 3, 2020
About this deal
AI
A multifamily property located at 30 Beecher St in Pawtucket, RI was recently involved in a closed transaction. The property consists of 112 units and has been categorized as a Multifamily asset.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $16,700,000
- Address: 30 Beecher St, Pawtucket, RI
- Market: Pawtucket, RI
- Units: 112
The loan for this transaction was provided by berkadia''>Berkadia. The loan amount was $16,700,000, and the loan terms included a 35-year term and a fixed interest rate. The loan was obtained through HUD's 223(f) program.
The representatives from Berkadia involved in the deal were Kevin Kozminske and Yuri Kletsman.
Pawtucket MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Berkadia to view all their deals.
Browse Rhode Island multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93