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4201 E. Monte Vista Dr.

RRA Capital Provides $6.72 Million Loan For Tucson Multifamily Property At 4201 E. Monte Vista Dr
FINANCEDMultiFamily

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:

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

Mark Vinitsky

Lument

Broker

$269.8M

vol

9 deals

Broker
RRA Capital
RRA CapitalLender

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