Multifamily: Selah, WA

Apartment complex in Selah, Washington

Location

Selah, WA

Interest Rate

3.86%

LTV

80%

Loan Amount

$1,240,000

Loan Type

Purchase

Date

November 2020

AAI Financial facilitated the closing of a $1,240,000 loan for the purchase of a 16-unit apartment complex. We were able to secure 80% LTV Fannie Mae non-recourse financing at a 12-year low fixed rate. We overcame COVID restrictions and no prior multifamily experience to secure the financing.