Black Bear Capital Partners Arranges $1.3M Refinance Loan For Industrial Property In Fort Pierce, FL
FINANCED
$1,300,000
Florida
See Similar DealsIndustrial24,000 SF
Financed 12/22/2023
FINANCED
Black Bear Capital Partners Arranges $1.3M Refinance Loan For Industrial Property In Fort Pierce, FL
3801 Oleander Avenue & 3815 Oleander Avenue
See Similar DealsIndustrial24,000 SF
Financed 12/22/2023
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$54
Total Square Footage:24,000 SF
Transaction Type:Loan
The industrial property located at 3801-3815 Oleander Avenue in Fort Pierce, FL has undergone a refinancing transaction. The property is an industrial asset with a total area of 12,000 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,300,000
The refinancing of the property was facilitated by Eric Trombly from Black Bear Capital Partners. Eric Trombly served as the broker representative in the deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,300,000.00
Monthly NOI$8,666.67
Monthly Debt Service$8,216.88
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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