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Private Investor Acquires Bayshore Place Multifamily Community In Glendale Wisconsin For $15.5M
FINANCED
$15,500,000
Wisconsin
See Similar DealsMultiFamily
Financed
FINANCED
Private Investor Acquires Bayshore Place Multifamily Community In Glendale Wisconsin For $15.5M
5699 North Centerpark Way
See Similar DealsMultiFamily
Financed
Summary
WISCONSIN
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in the transaction is Bayshore Place, a 113-unit residential community located at 5699 North Centerpark Way in Glendale, Wisconsin. The loan amount for the acquisition of this multifamily property is $15,500,000.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $15,500,000
- Address: 5699 North Centerpark Way
- Market: Glendale, WI
- Broker: Amanda Friant - JLL
- Loan Type: Acquisition
In this transaction, JLL Capital Markets arranged the acquisition, representing the seller, Cypress Equities and partners, with a private investor acting as the buyer.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$15,500,000.00
Monthly NOI$103,333.33
Monthly Debt Service$97,970.54
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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