facebook
Traded Co logo
Submit
Daily limit: 0/10

Mesa West Capital Provides $50.4 Million Loan For 304-Unit Ames Apartments In Summerville SC

Property Image
FINANCED
$50,400,000

South Carolina

See Similar Deals
MultiFamily
Financed 06/02/2025
the dealplayerscompscontact
Property Image
FINANCED

Mesa West Capital Provides $50.4 Million Loan For 304-Unit Ames Apartments In Summerville SC

3800 Zephyr Rd

See Similar Deals
MultiFamily
Financed 06/02/2025
the dealplayerscompscontact
Contact now

Summary

SOUTH CAROLINA
Asset Type:MultiFamily
Transaction Type:Loan

The asset involved in this transaction is a multifamily property located at 3800 Zephyr Rd in Summerville, SC. The property comprises 304 units situated on 10.5 acres. The loan amount secured for this development is $50,400,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $50,400,000
  • Address: 3800 Zephyr Rd
  • Market: Summerville, SC
  • Units: 304
  • Acres: 10.5
  • Lender: Mesa West Capital
  • Landlord: Woodfield Development

Key individuals in this transaction include Mesa West Capital as the lender providing financing and Woodfield Development as the landlord responsible for developing the property. This transaction marks the financing of the newly completed Ames Apartments, reflecting a significant commitment to multifamily housing in the area.

Players

Mesa West Capital
Mesa West Capital
LENDER
WD
Woodfield Development
LANDLORD

Details

FINANCED
IMAGE: 06/02/2025 ADDRESS: 3800 Zephyr Rd MARKET: Summerville, SC ASSET TYPE: Multifamily ~ UNITS: 304 ~ ACRES: 10.5 LENDER: Mesa West Capital LANDLORD: Woodfield Development LOAN AMOUNT: $50,400,000 NOTE: Mesa West Capital provided $50.4 million in financing for the newly completed 304-unit Ames Apartments in Summerville, S.C., developed by Woodfield Development.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$50,400,000.00

Monthly NOI$336,000.00
Monthly Debt Service$318,562.28
Change in Cash Flow$0.00
Refinance Proceeds$0.00