Updated Oct 29, 2024
Arbor Realty Trust Inc. Secures $10M Loan For Multifamily Property At 1101 Southwest Pkwy In College Station
1101 Southwest Parkway
$10,000,000
$2,049/SF
Building Size
4,880 SF
Asset Type
MultiFamily
Closing
Apr 14, 2021
About this deal
AI
The multifamily property located at 1101 Southwest Pkwy in College Station has recently undergone a closed transaction. The property consists of 200 units, making it a significant investment opportunity in the area. The transaction took place on April 15, 2021.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $10,000,000
- Address: 1101 Southwest Pkwy, College Station
- Market: College Station
In this transaction, Arbor Realty Trust Inc., represented by Stephen York, served as the lender. Arbor Realty Trust Inc. is a well-known company in the real estate financing sector. Stephen York, as the representative of Arbor Realty Trust Inc., played a key role in facilitating this loan transaction.
With an excellent investment opportunity in the form of a multifamily property, this closed transaction marks a significant milestone in the College Station real estate market. The involvement of Arbor Realty Trust Inc., with Stephen York as their representative, showcases their commitment to providing reliable financing options in the industry.
Players
College Station 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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93