American Ventures And Impex Capital Acquire 205-Unit Multifamily Property In Arlington For $22.6M
3201 East Park Row Drive
188,992 SF
Summary
The multifamily property located at 3201 E Park Row Dr in Arlington has been involved in a recent closed transaction. The property consists of 205 units and is owned by American Ventures, represented by Shravan Parsi and Impex Capital, represented by Ash Shah.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $22,600,000
- Address: 3201 E Park Row Dr
- Market: Arlington
- Units: 205
The loan for this property was provided by lument''>Lument. The lender's representative in the deal was Ted Nasca. The loan amount was $22,600,000. It was a bridge loan with an interest rate. The loan had a three-year term and included two 12-month extension options.
This transaction highlights the collaboration between American Ventures, represented by Shravan Parsi, and Impex Capital, represented by Ash Shah. Both parties successfully secured a bridge loan for the multifamily property at 3201 E Park Row Dr in Arlington.
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