RRA Capital Provides $7.75M Loan For Hotel At 295 Ga 74 In Peachtree City
295 Ga 74
$7,750,000
$153/SF
Building Size
50,643 SF
Asset Type
Hotel
Closing
Jan 11, 2018
About this deal
AI
The property involved in this transaction is a hotel located at 295 Ga 74 in Peachtree City. The loan amount secured for this asset is $7,750,000.00, which reflects the financing arrangement made on the date of 01/11/2018.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $7,750,000.00
- Date of Transaction: 01/11/2018
- Address: 295 Ga 74
- Market: Peachtree City
- Lender: RRA Capital
- Broker: Joel Mazur
The deal involves Joel Mazur as the broker representing the interests associated with the transaction. RRA Capital acted as the lender providing the financial support for this hotel asset in Peachtree City.
On the Map
$7,750,000
$153/SF
Hotel
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Players
Peachtree City Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.05%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93