Tuckahoe is located in a good market for 5+ unit multifamily loans. Multifamily loans in Tuckahoe are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Tuckahoe are competitive. Tuckahoe 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 Tuckahoe.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Tuckahoe 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 Tuckahoe.
The city of Tuckahoe in Henrico County has a population of 48,799. The median rent in Henrico County for a 2 bedroom is $1,252. The median Tuckahoe resident is 39 years old with a yearly income of $39,321. The average family has 3.29 members and a median household income of $79,503. Tuckahoe has a 55% higher education rate. The unemployment rate in Tuckahoe is 5.0%.
35.9% of Tuckahoe households are renters.
29.8% median household income spent on rent.
Bedrooms |
Henrico County 1 |
Virginia 2 |
National 2 |
|---|---|---|---|
| Studio | $1,069 | $833 | $737 |
| 1 bedroom | $1,098 | $897 | $813 |
| 2 bedroom | $1,252 | $1,072 | $1,015 |
| 3 bedroom | $1,655 | $1,423 | $1,325 |
| 4 bedroom | $1,981 | $1,680 | $1,521 |
We're here to help.