Windham is located in a good market for 5+ unit multifamily loans. Multifamily loans in Windham are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Windham are competitive. Windham 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 Windham.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Windham 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 | 5.23% - 5.47% |
| 10 Year Fixed | 5.14% - 5.38% |
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 Windham.
The city of Windham in Windham County has a population of 24,655. The median rent in Windham County for a 2 bedroom is $1,102. The median Windham resident is 31 years old with a yearly income of $20,578. The average family has 3.12 members and a median household income of $47,481. Windham has a 19% higher education rate. The unemployment rate in Windham is 9.1%.
53.1% of Windham households are renters.
37.9% median household income spent on rent.
Bedrooms |
Windham County 1 |
Connecticut 2 |
National 2 |
|---|---|---|---|
| Studio | $868 | $974 | $737 |
| 1 bedroom | $870 | $1,155 | $813 |
| 2 bedroom | $1,102 | $1,442 | $1,015 |
| 3 bedroom | $1,391 | $1,820 | $1,325 |
| 4 bedroom | $1,803 | $2,144 | $1,521 |
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