Tallahassee Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Tallahassee, Florida
Tallahassee: In the Spotlight
Tallahassee, Florida is located in the panhandle and is the state capital. It is also home to nearly 182,000 residents, making it the 8th largest city in Florida. The city is home to Florida State University and Florida A&M, making it a popular home for college students and recent grads, who all love multifamily apartments and condos.
- Tallahassee is home to all of the state offices and nearly 30 different state agencies, bringing plenty of employment to the city
- Tallahassee is just 18 miles from the GA border
- The median age is 26.8, making it one of the youngest cities in the state
- The median household income is $43,799
- Tallahassee has over 97,500 employees living in the city
Tallahassee Apartment Loan and Multifamily Property Facts
Tallahassee is seeing some growth in the multifamily market. There are plenty of units on the market and coming up and people are starting to look for opportunities again. Although 2020 was slower than normal, like it was in much of the state, the future is looking bright for multifamily and apartment lending in 2021.
- There were 223 commercial buildings in the city, with 13 sold in 2020, with 97 units per property on average
- The average rent in Tallahassee is $1,288
- Six student rate units were sold in 2020, with more poised to hit the market in 2021
- The top owner company, Arbor Properties Inc, has 1,450 units in the city alone
The market for multifamily properties in this student-heavy city is looking prime for the taking, so those who are looking to invest are choosing a good time. Before the market gets taken by the big investors, consider getting an apartment loan and getting your foot in the door.
Tallahassee Apartment Loan and Lending Options
In Tallahassee, Florida there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Tallahassee Apartment Building Now
At Apartment.loans, we offer a variety of lending solutions for commercial real estate, conventional apartment loans, and more. We can provide all kinds of solutions for stabilized properties, value-add opportunities, and ground-up developments alike. We also know how the market works and how to get the deals you want on the best properties.
From affordable financing to getting the best buildings in the city, the multifamily market is a competitive place and it’s one that you shouldn’t navigate alone. Whether you are looking for standard financing, a value-add option, or any other assistance, we can help. To learn more about our solutions and get started with your financing, contact our Tallahassee Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.