Sun City West is located in a good market for 5+ unit multifamily loans. Multifamily loans in Sun City West are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Sun City West are competitive. Sun City West 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 Sun City West.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Sun City West 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 | 5.49% - 5.73% |
7 Year Fixed | 5.18% - 5.42% |
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 Sun City West.
The city of Sun City West in Maricopa County has a population of 25,544. The median rent in Maricopa County for a 2 bedroom is $1,346. The median Sun City West resident is 76 years old with a yearly income of $29,057. The average family has 2.08 members and a median household income of $52,196. Sun City West has a 34% higher education rate. The unemployment rate in Sun City West is 7.4%.
12.1% of Sun City West households are renters.
41.5% median household income spent on rent.
Bedrooms |
Maricopa County 1 |
Arizona 2 |
National 2 |
---|---|---|---|
Studio | $1,004 | $747 | $737 |
1 bedroom | $1,111 | $822 | $813 |
2 bedroom | $1,346 | $1,038 | $1,015 |
3 bedroom | $1,899 | $1,433 | $1,325 |
4 bedroom | $2,162 | $1,597 | $1,521 |
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