RRA Capital Provides $1,638,750 Loan For Retail Asset At 8870 N 90th St Scottsdale
FINANCED
$1,638,750
Arizona
See Similar DealsRetail
Financed 10/23/2023
FINANCED
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
See Similar DealsRetail
Financed 10/23/2023
Summary
ARIZONA
Asset Type:Retail
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,638,750.00
Monthly NOI$10,925.00
Monthly Debt Service$10,358.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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