Updated Mar 11, 2025
Colliers Mortgage Provides $8.9M Refinance Loan For Multifamily Property In Murfreesboro, TN
1306 Bradyville Pike, Murfreesboro, Tennessee 37130, United States
$8,900,000
Units
124
Asset Type
MultiFamily
Closing
Dec 9, 2021
About this deal
AI
The multifamily property located at 1306 Bradyville Pike in Murfreesboro, TN has undergone a refinancing transaction. The property consists of 124 units and is owned by Bradyville, LLC. Colliers Mortgage provided the loan for this transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,900,000
- Address: 1306 Bradyville Pike, Murfreesboro, TN
- Market: Murfreesboro, TN
- Units: 124
Colliers Mortgage, a lending institution, acted as the lender in this refinancing deal. The loan has a 10-year term and a 30-year amortization schedule.
Players
Murfreesboro 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
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93