Updated Sep 9, 2024
Fantini & Gorga Arranges $17.25M Refinance Loan For Self Storage Property In Darien, CT
131 Hollow Tree Ridge Road
$17,250,000
$1,184/SF
Building Size
14,569 SF
Asset Type
Self Storage
Closing
Sep 17, 2021
About this deal
AI
A self-storage property located at 131 Hollow Tree Ridge Road in Darien, CT has recently undergone a refinancing transaction. The property spans across 3.6 acres and was represented by Casimir Groblewski from Fantini & Gorga. The loan amount for this transaction was $17,250,000.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: $17,250,000
- Address: 131 Hollow Tree Ridge Road
- Market: Darien, CT
- Broker: Casimir Groblewski - Fantini & Gorga
The refinancing deal for the self-storage property on Hollow Tree Ridge Road was successfully facilitated by Casimir Groblewski from Fantini & Gorga. No additional information is available regarding this transaction.
Darien Self Storage Market Snapshot
Boundary boundary · Self Storage · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93