Updated Oct 15, 2026
RRA Capital Provides $17.71 Million Loan For Multifamily Asset In Boaz
1200 N Main St., 2501 Briarwood Ave., 164 Christopher St. & 207 Christopher St.
$17,715,000
Building Size
—
Asset Type
MultiFamily
Closing
May 17, 2024
About this deal
AI
The property asset involved in this transaction is located at 1200 N Main St. in Boaz, characterized as a MultiFamily asset. The loan amount for this transaction is $17,715,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $17,715,000.00
- Address: 1200 N Main St.
- Market: Boaz
- Lender: RRA Capital
- Brokers: Josh Crowell
The individuals and companies involved in this transaction include Josh Crowell, representing the broker side of the deal, and RRA Capital, which provided the financing for the loan amount specified.
On the Map
$17,715,000
MultiFamily
View full map
Players
Boaz MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Boaz multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.90%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93