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4550 W. Van Buren St.

RRA Capital Provides $7.35 Million Loan For Industrial Property At 4550 W. Van Buren St
FINANCEDIndustrial

RRA Capital Provides $7.35 Million Loan For Industrial Property At 4550 W. Van Buren St

4550 W. Van Buren St.

$7,350,000

Building Size

Asset Type

Industrial

Closing

Jun 13, 2018

AI

The asset involved is an industrial property located at 4550 W. Van Buren St., in the Phoenix market. The loan amount for this transaction was recorded at $7,350,000.00.

Summary of transaction details:

Adam Parker represented the interests of the involved parties during this transaction, facilitating the loan coordination between the borrower and lender, thereby enabling the financial arrangement for the property.

Players

Adam Parker

Gantry

Broker

$26.1M

vol

5 deals

Broker
RRA Capital
RRA CapitalLender

Phoenix 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

2.16%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93