COMPASS NORTH FOUR PROPERTY PORTFOLIO – TEMPLE UNIVERSITY PHILADELPHIA, PA

Details

Loan Type: Permanent Financing

Loan: $1,650,000

The portfolio consists of five multi-family apartment buildings located just two blocks from the Temple University Main Campus. The properties total twelve units and 40 beds and at the time were 100% leased to Temple University students. The five year, $1,650,000 loan featured an interest rate of 4.90% with a 25-year amortization schedule.

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