RRA Capital Provides $2.48M Loan For Office Property At 420 S. Orlando Ave
FINANCED
$2,480,000
Florida
See Similar DealsOffice16,995 SF
Financed 05/31/2018
FINANCED
RRA Capital Provides $2.48M Loan For Office Property At 420 S. Orlando Ave
420 S. Orlando Ave.
See Similar DealsOffice16,995 SF
Financed 05/31/2018
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$145
Total Square Footage:16,995 SF
Transaction Type:Loan
The asset involved in this transaction is an office property located at 420 S. Orlando Ave. in Winter Park. The loan amount secured for this property is $2,480,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,480,000.00
- Loan Date: 05/31/2018
- Lender: RRA Capital
- Broker: Michael Ryan
This transaction highlights the roles of key participants, including Michael Ryan, who is the broker representing the parties involved. The lender, RRA Capital, facilitated the loan process for the deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,480,000.00
Monthly NOI$16,533.33
Monthly Debt Service$15,675.29
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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