Funded$195,000Fix & FlipPensacola, FLFunded$203,000Fix & FlipBurleson, TXFunded$230,787Fix & FlipFort Worth, TXFunded$525,000Fix & FlipWashington, DCFunded$415,000Fix & FlipSilver Spring, MDFunded$490,000Fix & FlipWashington, DCFunded$720,000DSCR Cash-OutSt. Petersburg, FLFunded$385,000DSCR Cash-OutPigeon Forge, TNFunded$445,000DSCR Cash-OutNashville, TNFunded$3,150,000Multifamily AcquisitionFort Myers, FLFunded$978,000CommercialWhite Settlement, TXFunded$2,750,000Multifamily BridgeSilver Spring, MDFunded$957,900Fix & FlipEast Meadow, NYFunded$1,065,750Fix & FlipWashington, DCFunded$135,000DSCRCleveland, OHFunded$340,000DSCR R&TSandpoint, IDFunded$185,000DSCR Cash-OutSeneca Falls, NYFunded$560,000DSCR PurchaseGarfield, NJFunded$225,000DSCR PurchaseSeneca Falls, NYFunded$116,000DSCR R&TGrandview, MOFunded$195,000DSCR Cash-OutTulsa, OKFunded$425,000DSCR PurchaseWoodstock, NYFunded$390,000DSCR PurchaseWoodstock, NYFunded$285,000DSCR Cash-Out IOLawrenceville, GAFunded$275,000DSCRAlbuquerque, NMFunded$175,000DSCRLos Fresnos, TXFunded$1,150,000DSCROakland, CAFunded$365,000DSCRPortland, MEFunded$395,000DSCRLinden, NJFunded$825,000DSCR PurchaseSyosset, NYFunded$1,017,700Fix & FlipWashington, DCFunded$432,000Fix & FlipFalls Church, VAFunded$385,000Fix & FlipWashington, DCFunded$111,200Commercial BridgeCleveland, OHFunded$1,456,500Fix & FlipColleyville, TXFunded$759,750DSCR R&TSedona, AZ
(917) 993-9194
33-Unit Multifamily in Fort Myers, FL

Closed Deal · #10

$3,150,000 Multifamily Acquisition — 33-Unit Multifamily in Fort Myers, FL

Permanent Bank Acquisition Loan

Deal terms

Property type
33-Unit Multifamily
Location
Fort Myers, FL
Loan type
Multifamily Acquisition
Program
Permanent Bank Acquisition Loan
Leverage
~73% of purchase
Rate
6.65%
Deal value
$3,150,000

How we structured it

A 33-unit, 2023-built multifamily most lenders would only touch as 10%+ bridge debt — placed instead as a permanent bank acquisition loan at 6.65%, with $70,250 in seller credits negotiated and a 12-month interest-only runway to lease up.

Bought below replacement cost with rents well under market — clear value-add upside as leases roll. Projected stabilized NOI: $280K–$340K. Figures illustrative; every deal varies.

Read the full deal report →

Related closed deals

Commercial / Industrial Flex in White Settlement, TX

Commercial

Commercial / Industrial Flex · White Settlement, TX

$978,000 · Permanent

SFR in Pensacola, FL

Fix & Flip

SFR · Pensacola, FL

$195,000 · 12-Mo Bridge IO

4-Unit Multifamily in St. Petersburg, FL

DSCR Cash-Out

4-Unit Multifamily · St. Petersburg, FL

$720,000 · 30-Yr DSCR IO — Cash-Out Refi

See all 36 closed deals →

Have a Multifamily Acquisition deal we should look at?

Submit your scenario. We'll come back with a real term sheet — not a teaser rate — within 24 hours.

Get Your RateCall (917) 993-9194
CallApply Now