MINNEAPOLIS, MN - Zach Shope of the Colliers Mortgage Atlanta office recently closed an acquisition transaction on a two-property market rate multifamily portfolio in Chattanooga, Tennessee that included an assumption of an existing Fanne Mae first mortgage loan and an additional supplemental loan.
The portfolio includes Richwood Townhomes, built in 1968 with 24 units located throughout four 2-story residential buildings, and Seminole Pathe, built in 1925 with 32 units located in one 3-story.
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