1515 Macombs LLC obtained financing of $12M from JPMorgan Chase Bank

1515 Macombs LLC as borrower signed a loan agreement with lender Jpmorgan Chase Bank, N.A valued at $11.5 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 109 residential units at 1515 Macombs Road in Highbridge. The deal closed on August 27, 2019 and was recorded on August 28, 2019.
The property contains a total of 111,875 square feet of built space.
The average loan per unit is $105,505.
The last time the property sold was August 24, 2004, for $6,070,000.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link