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1101 Southwest Parkway

Updated Oct 29, 2024

Arbor Realty Trust Inc. Secures $10M Loan For Multifamily Property At 1101 Southwest Pkwy In College Station
FINANCEDMultiFamily

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

Arbor Realty Trust
Arbor Realty TrustLender

College Station MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $2K per square foot on a published $10M for 4,880 square feet (2021).

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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

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