Highlands Ranch is located in a good market for 5+ unit multifamily loans. Multifamily loans in Highlands Ranch are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Highlands Ranch are competitive. Highlands Ranch 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 Highlands Ranch.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Highlands Ranch are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 7.07% - 7.81% |
| 7 Year Fixed | 6.96% - 7.47% |
| 10 Year Fixed | 6.90% - 7.30% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 7.04% - 7.28% |
| 7 Year Fixed | 6.73% - 6.97% |
| 10 Year Fixed | 6.69% - 6.93% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.87% - 7.61% |
| 7 Year Fixed | 6.76% - 7.27% |
| 10 Year Fixed | 6.70% - 7.10% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 6.10% - 6.20% |
| 7 Year Fixed | 6.11% - 6.21% |
| 10 Year Fixed | 6.04% - 6.34% |
All major multifamily lender types are lending in Highlands Ranch.
The city of Highlands Ranch in Douglas County has a population of 105,631. The median rent in Douglas County for a 2 bedroom is $1,750. The median Highlands Ranch resident is 40 years old with a yearly income of $55,257. The average family has 3.17 members and a median household income of $125,454. Highlands Ranch has a 64% higher education rate. The unemployment rate in Highlands Ranch is 3.0%.
19.8% of Highlands Ranch households are renters.
26.8% median household income spent on rent.
Bedrooms |
Douglas 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 |
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