Peachtree Corners is located in a good market for 5+ unit multifamily loans. Multifamily loans in Peachtree Corners are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Peachtree Corners are competitive. Peachtree Corners 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 Peachtree Corners.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Peachtree Corners 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 | 6.99% - 7.23% |
| 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 Peachtree Corners.
The city of Peachtree Corners in Gwinnett County has a population of 43,905. The median rent in Gwinnett County for a 2 bedroom is $1,284. The median Peachtree Corners resident is 37 years old with a yearly income of $38,386. The average family has 3.29 members and a median household income of $71,149. Peachtree Corners has a 52% higher education rate. The unemployment rate in Peachtree Corners is 3.6%.
46.5% of Peachtree Corners households are renters.
29.8% median household income spent on rent.
Bedrooms |
Gwinnett County 1 |
Georgia 2 |
National 2 |
|---|---|---|---|
| Studio | $1,101 | $670 | $737 |
| 1 bedroom | $1,126 | $698 | $813 |
| 2 bedroom | $1,284 | $840 | $1,015 |
| 3 bedroom | $1,615 | $1,103 | $1,325 |
| 4 bedroom | $1,976 | $1,302 | $1,521 |
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