FINANCEDRetail
David Blitz Secures $3.72M Loan For Retail Property At 1450 1460 S. Harbor Blvd
1450 1460 S. Harbor Blvd.
$3,717,600
Building Size
—
Asset Type
Retail
Closing
Mar 16, 2018
AI
The property asset involved is a retail space located at 1450 1460 S. Harbor Blvd in La Habra. The loan amount associated with this transaction is $3,717,600.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,717,600.00
- Broker: David Blitz
- Lender: RRA Capital
- Date: 03/16/2018
- Market: La Habra
David Blitz represents the broker involved in this transaction, showcasing his role in facilitating the loan process with RRA Capital as the lender for this retail property in La Habra.
Players
La Habra Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.27%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93