RRA Capital Provides $1,638,750 Loan For Retail Asset At 8870 N 90th St Scottsdale
8870 N 90th St, 8930 N 90th St & 8980 N 90th St
$1,638,750
Building Size
—
Asset Type
Retail
Closing
Oct 23, 2023
About this deal
AI
The asset involved in this transaction is a retail property located at 8870 N 90th St, Scottsdale. The loan amount secured for this property is $1,638,750.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,638,750.00
- Address: 8870 N 90th St
- Market: Scottsdale
- Lender: RRA Capital
- Broker: Joe Andrada
This transaction features Joe Andrada serving as the representative for the broker involved in the deal. The lender facilitating this loan is RRA Capital, which has processed the financing for the retail property located in Scottsdale.
On the Map
$1,638,750
Retail
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Players
Scottsdale Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.68%
Cash-on-Cash
-2.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93