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1600 E. Butler Ave.

RRA Capital Provides $2,580,000 Loan For Industrial Property At 1600 E. Butler Ave
FINANCEDIndustrial

RRA Capital Provides $2,580,000 Loan For Industrial Property At 1600 E. Butler Ave

1600 E. Butler Ave.

$2,580,000

Building Size

Asset Type

Industrial

Closing

Jan 22, 2019

AI

The property asset involved in this transaction is an industrial facility located at 1600 E. Butler Ave., Flagstaff. The loan amount secured for this property is $2,580,000.00.

Summary of transation details:

This transaction involved Ryan Horowitz representing the broker agency Cooper Horowitz. The lender in the deal was RRA Capital, facilitating the financial requirements for the property transaction.

Players

Ryan Horowitz

Cooper Horowitz

Broker

$309.7M

vol

12 deals

Broker
RRA Capital
RRA CapitalLender

Flagstaff Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.15%

Cash-on-Cash

-1.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93