Villa Del Mar is a 184 unit multifamily complex located on 7.463 acres in Oceanside, CA. It features modern spacious floor plans with large closets, assisted parking, on-site laundry facilities, a playground, pools, a fitness center, and spa. This project was recently refinanced with Rockhall Funding under HUD 223(f) Acquisition & Refinancing.
Project Name: Villa Del Mar
Section of the Act: HUD 223(f) Acquisition & Refinancing
Type of Project: Market Rate
Number of Units: 184 (1 non-revenue)
Mortgage Amount: $32,988,800
Interest Rate: 2.30%
Term: 35 years