RRA Capital Provides $12.3 Million Loan For Office Asset At 1630 Welton St Denver
1630 Welton St
$12,300,000
$2,845/SF
Building Size
4,322 SF
Asset Type
Office
Closing
Sep 2, 2022
About this deal
AI
The asset involved in this transaction is an office property located at 1630 Welton St in the Denver market. The loan amount secured for this property is $12,300,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $12,300,000.00
- Lender: RRA Capital
- Brokers: Bruce Robertson
- Loan Date: 09/02/2022
- Property Address: 1630 Welton St
- Market: Denver
Bruce Robertson is the broker representing the parties involved in this transaction, facilitating the deal for the office property in Denver with RRA Capital as the lender.
On the Map
$12,300,000
$2,845/SF
Office
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Players
Denver 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
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93