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Multifamily Loans in
Dakota Ridge, CO

Overview

Dakota Ridge is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Dakota Ridge are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Dakota Ridge are some of the lowest nationally. Dakota Ridge apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Dakota Ridge.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Loan Rates in Dakota Ridge, CO

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Dakota Ridge are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.74% - 4.44%
7 Year Fixed 3.68% - 4.38%
10 Year Fixed 3.79% - 4.49%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 2.99% - 3.23%
7 Year Fixed 3.18% - 3.42%
10 Year Fixed 3.38% - 3.62%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 4.04%
7 Year Fixed 3.28% - 3.98%
10 Year Fixed 3.39% - 4.09%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 2.98% - 3.23%
7 Year Fixed 3.14% - 3.59%
10 Year Fixed 3.20% - 3.60%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/03/2021. This is not an offer or commitment to lend. Multifamily loan rates in Dakota Ridge may vary based on income, leverage and other factors. Fannie Mae is a registered trademark of Federal National Mortgage Association Corporation. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Dec 04, 2021


Multifamily Lenders in Dakota Ridge, CO

All major multifamily lender types are lending in Dakota Ridge.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse and non-recourse

Insurance
Companies

  • Long term fixed rates
  • Lower leverage
  • Tax returns usually required
  • Recourse and non-recourse

Conduits
(CMBS Lenders)
  • Intermediate term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options

Get multifamily loan quotes for Dec 04, 2021


Dakota Ridge Market

The city of Dakota Ridge in Jefferson County has a population of 34,659. The median rent in Jefferson County for a 2 bedroom is $1,750. The median Dakota Ridge resident is 40 years old with a yearly income of $43,481. The average family has 3.06 members and a median household income of $100,438. Dakota Ridge has a 45% higher education rate. The unemployment rate in Dakota Ridge is 4.0%.


Population
34,659 people

County
Jefferson County

Renters

16% of Dakota Ridge households are renters.


Rent Burden

32.4% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Jefferson County 1
Colorado 2
National 2
Studio $1,286 $873 $737
1 bedroom $1,422 $932 $813
2 bedroom $1,750 $1,168 $1,015
3 bedroom $2,383 $1,570 $1,325
4 bedroom $2,710 $1,825 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Dakota Ridge Demographics


Median Individual Income
$43,481 / year

Median Household Income
$100,438 / year

Families w/ Dual Incomes
69%

Unemployment Rate
4.0%
Household Income Distribution
Dakota Ridge, CO

Median Age
40 years

Avg Family Size
3.06 people
Age Distribution
Dakota Ridge, CO

College Education or Above
45%

STEM College Graduates
48%
Education Distribution
Dakota Ridge, CO
Source: U.S. Census Bureau

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