RRA Capital Provides $2.34M Loan For Office Property At 6805 Southpoint Pkwy In Jacksonville
FINANCED
$2,340,065
Florida
See Similar DealsOffice75,825 SF
Financed 04/16/2015
FINANCED
RRA Capital Provides $2.34M Loan For Office Property At 6805 Southpoint Pkwy In Jacksonville
6805 Southpoint Pkwy
See Similar DealsOffice75,825 SF
Financed 04/16/2015
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$30
Total Square Footage:75,825 SF
Transaction Type:Loan
The property asset involved in the transaction is situated at 6805 Southpoint Pkwy in Jacksonville. It is categorized as an office type asset, and the transaction included a loan amount of $2,340,065.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,340,065.00
- Broker: Amy Julian - CBRE
- Lender: RRA Capital
- Loan Date: 04/16/2015
This transaction involved Amy Julian representing the property as a broker from CBRE, facilitating the agreement with RRA Capital acting as the lender. The deal was finalized on April 16, 2015, marking a significant event in the Jacksonville commercial real estate market.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,340,065.00
Monthly NOI$15,600.43
Monthly Debt Service$14,790.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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