Updated Jul 29, 2026
$350,000 Loan Secured For Multifamily Property At 18 E Main St Wilmington
18 E Main St
$350,000
$112/SF
Building Size
3,100 SF
Asset Type
MultiFamily
Closing
Jul 13, 2023
About this deal
AI
The property asset involved in this transaction is a MultiFamily located at 18 E Main St in Wilmington. The loan amount for this asset is $350,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $350,000.00
- Address: 18 E Main St
- Market: Wilmington
- Brokers: Michael J. Gefter
Michael J. Gefter represents the transaction as the broker, facilitating the loan agreement for this MultiFamily property in Wilmington. His role is crucial in ensuring the successful closure of this deal.
The multifamily loan at 18 E Main St in Wilmington, Vermont financed for $350K in 2023. The building is 3,100 square feet, implying about 112 per square foot on the published price. Named participants on the 18 E Main St loan are Michael J. Gefter. This page is the Wilmington, Vermont file for the 18 E Main St multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Wilmington sit in the Market section below. Filter that Wilmington multifamily set by closing date to see what else financed near 18 E Main St around 2023. Published consideration for 18 E Main St is $350K, dated 2023. Cite this $350,000 Loan Secured For Multifamily Property At 18 E Main St Wilmington loan when underwriting similar multifamily product around Wilmington, Vermont.
Players
Wilmington 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
45.32%
Cash-on-Cash
-12.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93