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1421 Stonehenge Rd.

RRA Capital Provides $6.76M Loan For Multifamily Property On Stonehenge Rd In Montgomery
FINANCEDMultiFamily

RRA Capital Provides $6.76M Loan For Multifamily Property On Stonehenge Rd In Montgomery

1421 Stonehenge Rd.

$6,760,000

$345/SF

Building Size

19,552 SF

Asset Type

MultiFamily

Closing

Dec 8, 2020

AI

The asset involved in the transaction is a Multifamily property located at 1421 Stonehenge Rd. in Montgomery. The transaction was financed with a loan amounting to $6,760,000.00.

Summary of transaction details:

The key individuals involved in the deal include Mark Vinitsky, representing the brokerage agency Walker & Dunlop, who facilitated the transaction with the lender RRA Capital.

Players

Mark Vinitsky

Lument

Broker

$269.8M

vol

9 deals

Broker
RRA Capital
RRA CapitalLender

Montgomery MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.35%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93