RRA Capital Provides $2,580,000 Loan For Industrial Property At 1600 E. Butler Ave
FINANCED
$2,580,000
Arizona
See Similar DealsIndustrial
Financed 01/22/2019
FINANCED
RRA Capital Provides $2,580,000 Loan For Industrial Property At 1600 E. Butler Ave
1600 E. Butler Ave.
See Similar DealsIndustrial
Financed 01/22/2019
Summary
ARIZONA
Asset Type:Industrial
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,580,000.00
Monthly NOI$17,200.00
Monthly Debt Service$16,307.36
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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