Updated Feb 4, 2025
RRA Capital Provides $5.28M Loan For Office Property At 1905 Aston Ave In Carlsbad
1905 Aston Ave.
$5,280,000
$138/SF
Building Size
38,010 SF
Asset Type
Office
Closing
Jun 2, 2017
About this deal
AI
The property involved in this transaction is located at 1905 Aston Ave., situated in the Carlsbad market. The asset type is classified as an office. The total loan amount secured for this property is $5,280,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,280,000.00
- Address: 1905 Aston Ave.
- Market: Carlsbad
- Lender: RRA Capital
- Broker: Ben Schwartz
This transaction involved Ben Schwartz as the broker representing the deal, facilitating the loan secured by RRA Capital for the property located at 1905 Aston Ave. The engagement highlights the active participation of key individuals in the financial acquisition process.
On the Map
$5,280,000
$138/SF
Office
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Players
Carlsbad Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.00%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93