Peachtree City is located in a good market for 5+ unit multifamily loans. Multifamily loans in Peachtree City are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Peachtree City are competitive. Peachtree City 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 City.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Peachtree City 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 Peachtree City.
The city of Peachtree City in Fayette County has a population of 36,223. The median rent in Fayette County for a 2 bedroom is $1,284. The median Peachtree City resident is 44 years old with a yearly income of $48,952. The average family has 3.15 members and a median household income of $101,121. Peachtree City has a 57% higher education rate. The unemployment rate in Peachtree City is 2.9%.
25.2% of Peachtree City households are renters.
26.3% median household income spent on rent.
Bedrooms |
Fayette 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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