Oakleaf Plantation is located in a good market for 5+ unit multifamily loans. Multifamily loans in Oakleaf Plantation are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Oakleaf Plantation are competitive. Oakleaf Plantation 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 Oakleaf Plantation.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Oakleaf Plantation 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 | 5.44% - 5.68% |
| 7 Year Fixed | 5.28% - 5.52% |
| 10 Year Fixed | 5.19% - 5.43% |
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 | 5.60% - 5.75% |
| 7 Year Fixed | 5.61% - 5.76% |
| 10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in Oakleaf Plantation.
The city of Oakleaf Plantation in Clay County has a population of 28,237. The median rent in Clay County for a 2 bedroom is $1,195. The median Oakleaf Plantation resident is 35 years old with a yearly income of $36,688. The average family has 3.6 members and a median household income of $87,485. Oakleaf Plantation has a 33% higher education rate. The unemployment rate in Oakleaf Plantation is 5.7%.
18% of Oakleaf Plantation households are renters.
25.4% median household income spent on rent.
Bedrooms |
Clay County 1 |
Florida 2 |
National 2 |
|---|---|---|---|
| Studio | $801 | $822 | $737 |
| 1 bedroom | $989 | $891 | $813 |
| 2 bedroom | $1,195 | $1,089 | $1,015 |
| 3 bedroom | $1,562 | $1,448 | $1,325 |
| 4 bedroom | $1,989 | $1,716 | $1,521 |
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