Financing rates expected on a multi family apartment complex?
Hi,
I am contemplating at acquiring a multi-family apartment complex priced at USD 30 million in Texas. This is a 180 unit complex with 1, and 3 bedroom. I want to know what are the current financing rates for such a deal at 20% to 40% down payments.
Are there any special considerations or rates if this is only a student housing (shared accommodation)?
Thanks in advance
Mustafa