FINANCEDHospital
RRA Capital Provides $6.8 Million Loan For Hospital At 4052 Tampa Rd In Oldsmar
4052 Tampa Rd
$6,800,000
Building Size
—
Asset Type
Hospital
Closing
Nov 21, 2023
AI
The asset involved in this transaction is a hospital located at 4052 Tampa Rd in Oldsmar. The loan amount secured for this property is $6,800,000.00.
Summary of transaction details:
- Property Type: Hospital
- Transaction Amount: $6,800,000.00
- Market: Oldsmar
- Lender: RRA Capital
- Brokers: Wyatt Krapf (Hodges Ward Elliott)
Wyatt Krapf from Hodges Ward Elliott represents the broker for this closed loan transaction, serving as the key intermediary in the agreement between the involved parties.
Players
Oldsmar Hospital Market Snapshot
Boundary boundary · Hospital · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93