RRA Capital Provides $1.5M Loan For Industrial Property At 19640 Cajon Blvd San Bernardino
19640 Cajon Blvd.
$1,500,000
$35/SF
Building Size
42,231 SF
Asset Type
Industrial
Closing
Sep 30, 2021
AI
The property asset located at 19640 Cajon Blvd. is categorized as industrial real estate within the San Bernardino market. This transaction involved a loan amount of $1,500,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,500,000.00
- Address: 19640 Cajon Blvd.
- Market: San Bernardino
- Lender: RRA Capital
- Brokers: Peter Thompson (JLL)
The transaction was facilitated by broker Peter Thompson from JLL, representing the interests involved in the loan agreement with lender RRA Capital. This arrangement highlights the collaboration between the broker and the lender in securing financing for the industrial asset.
Players
San Bernardino 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93