Updated Mar 11, 2025
Cambridge Realty Capital Companies Secures $2.1M Loan For Wells Point Lodge Senior Housing In Pflugerville
401 South Heatherwilde Boulevard
$2,100,000
Building Size
—
Asset Type
Senior Housing
Closing
Nov 17, 2023
About this deal
AI
Cambridge Realty Capital Companies secured a $2.1 million HUD-insured loan for the refinancing of Wells Point Lodge, a 60-bed seniors housing complex located at 401 South Heatherwilde Boulevard in Pflugerville, northern Austin. The loan, originated by Anthony Marino of Cambridge Realty Capital (CRC) through HUD's 232/223(f) program, has a term of 35 years.
Summary of transaction details
- Property Type: Senior Housing
- Transaction Amount: $2,100,000
- Loan Type: Refinance
- Loan Terms: 35-year
- Lender: Cambridge Realty Capital Companies - Anthony Marino
The loan was obtained by CRC on behalf of an undisclosed Texas-based limited liability company.
Players
Pflugerville Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Loan transactions
Loading comparables…
Deal FAQ
Browse Pflugerville senior housing loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93