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206 North Leach Street

Gordon Road Capital Secures $47.8M Refinance Loan For Multifamily Asset In Greenville And Charlotte
FINANCEDMultiFamily

Gordon Road Capital Secures $47.8M Refinance Loan For Multifamily Asset In Greenville And Charlotte

206 North Leach Street & 2701 Rozzelles Ferry Road

$47,800,000

$95/SF

Building Size

500,940 SF

Asset Type

MultiFamily

Closing

Dec 22, 2025

AI

The property asset involved in this transaction consists of two locations: 206 North Leach Street and 2701 Rozzelles Ferry Road. The total market spans Greenville and Charlotte with a multifamily asset type, comprising 136 homes and a total square footage of 213,222.

Summary of transaction details:

This transaction highlights the involvement of key individuals including lender representatives from ACRES and Gordon Road Capital. The deal was facilitated with support from a comprehensive team of professionals representing both the landlord and the landlord's interests, ensuring thorough representation through Walker & Dunlop.

Players

Aaron Appel

Walker & Dunlop

Broker

$32.5B

vol

195 deals

Broker
ACRES Capital
ACRES CapitalLender
Marty Reasoner

Marty Reasoner

Originator

$79.3M

vol

2 deals

Originator

Greenville 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

0.33%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93