120 Unit Multifamily Out of State
Investment Highlights
120-unit Class C garden-style apt complex directly across from a public university. Unit mix: 95 1-bdr and 25 2-bdr across four 3-story brick buildings totaling 72,000 SF. Currently 95% occupied. Features include a pool, laundry facilities, upgraded lighting, and roofs replaced 4 years ago. NOI 545K. Asking 7.75M negotiable (7% cap)
650 to 750 avg rent. 95% occupancy. put new laundry, doesnt charge. upgraded lighting. 4 yr old roofs. pool/pool house.
Location
📍 Out of State
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Who finances deals like this
The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.
- JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
- Citizens Bank NA — 3,374 loans, typically $126K–$660K
- TD Bank NA — 2,670 loans, typically $117K–$500K
- Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
- United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
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