Updated Feb 4, 2025
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
About this deal
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:
- Property Type: Industrial
- Transaction Amount: $2,580,000.00
- Broker: Ryan Horowitz - Cooper Horowitz
- Lender: RRA Capital
- Loan Date: 01/22/2019
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.
The industrial loan at 1600 E. Butler Ave. in Flagstaff, Arizona financed for $2.6M in 2019. 1600 E. Butler Ave. is classified as Industrial on Traded. Ryan Horowitz, Cooper Horowitz appear on the loan alongside Cooper Horowitz. This page is the Flagstaff, Arizona file for the 1600 E. Butler Ave. industrial financed: pricing, party profiles, and other closed industrial comps from the same Flagstaff sit in the Market section below. Filter that Flagstaff industrial set by closing date to see what else financed near 1600 E. Butler Ave. around 2019. Published consideration for 1600 E. Butler Ave. is $2.6M, dated 2019. Cite this RRA Capital Provides $2,580,000 Loan For Industrial Property At 1600 E. Butler Ave loan when underwriting similar industrial product around Flagstaff, Arizona.
Players
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