Hazel Dell is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Hazel Dell are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Hazel Dell are some of the lowest nationally. Hazel Dell 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 Hazel Dell.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Hazel Dell are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.56% - 7.30% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.40% - 6.80% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 5.71% - 5.46% |
| 7 Year Fixed | 5.10% - 5.34% |
| 10 Year Fixed | 5.09% - 5.33% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.36% - 7.10% |
| 7 Year Fixed | 6.26% - 6.77% |
| 10 Year Fixed | 6.20% - 6.60% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.55% - 5.70% |
| 7 Year Fixed | 5.56% - 5.71% |
| 10 Year Fixed | 5.56% - 5.71% |
All major multifamily lender types are lending in Hazel Dell.
The city of Hazel Dell in Clark County has a population of 21,196. The median rent in Clark County for a 2 bedroom is $1,620. The median Hazel Dell resident is 38 years old with a yearly income of $31,017. The average family has 3.1 members and a median household income of $61,520. Hazel Dell has a 26% higher education rate. The unemployment rate in Hazel Dell is 3.4%.
41.8% of Hazel Dell households are renters.
32.1% median household income spent on rent.
Bedrooms |
Clark County 1 |
Washington 2 |
National 2 |
|---|---|---|---|
| Studio | $1,313 | $801 | $737 |
| 1 bedroom | $1,404 | $904 | $813 |
| 2 bedroom | $1,620 | $1,138 | $1,015 |
| 3 bedroom | $2,312 | $1,591 | $1,325 |
| 4 bedroom | $2,802 | $1,874 | $1,521 |
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