RRA Capital Provides $6.72 Million Loan For Tucson Multifamily Property At 4201 E. Monte Vista Dr
4201 E. Monte Vista Dr.
$6,720,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 12, 2020
AI
The property asset involved is a multifamily development located at 4201 E. Monte Vista Dr. in Tucson. The loan amount secured for this asset totals $6,720,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $6,720,000.00
- Loan Date: 06/12/2020
- Lender: RRA Capital
- Brokers: Mark Vinitsky - Walker & Dunlop
The key individuals and companies involved in this transaction include Mark Vinitsky representing Walker & Dunlop in his capacity as the broker for this loan deal, facilitating the arrangement between the borrower and lender.
Players
Tucson 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
2.36%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93