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RRA Capital Provides $3,965,000 Loan For Industrial Property At 2100 Old Hickory Tree Rd

Property Image
FINANCED
$3,965,000

Florida

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Industrial
Financed 10/15/2024
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Property Image
FINANCED

RRA Capital Provides $3,965,000 Loan For Industrial Property At 2100 Old Hickory Tree Rd

2100 Old Hickory Tree Rd.

See Similar Deals
Industrial
Financed 10/15/2024
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Transaction Type:Loan

The asset involved in this transaction is an industrial property located at 2100 Old Hickory Tree Rd., situated in the Saint Cloud market. The loan amount associated with this transaction is $3,965,000.00.

Summary of transaction details:

This transaction involved key individuals and companies including Richard Sutton of Parallel CRE, who represented the transaction. The lending institution for the deal was RRA Capital.

Players

Richard Sutton
Parallel CRE
Richard Sutton
13 deals$694.8M volume
BROKER
RRA Capital
RRA Capital
LENDER

Details

FINANCED
IMAGE: 10/15/2024 ADDRESS: 2100 Old Hickory Tree Rd. MARKET: Saint Cloud ASSET TYPE: Industrial BROKERS: Richard Sutton(Parallel CRE) LENDER: RRA Capital LOAN AMOUNT: $3,965,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,965,000.00

Monthly NOI$26,433.33
Monthly Debt Service$25,061.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00