Updated Feb 4, 2025
RRA Capital Provides $3.23M Loan For Industrial Property At 1159 Mt. Zion Rd In Morrow
1159 Mt. Zion Rd.
$3,230,000
$136/SF
Building Size
23,692 SF
Asset Type
Industrial
Closing
May 9, 2019
About this deal
AI
The property asset involved in this transaction is an industrial asset located at 1159 Mt. Zion Rd. in the Morrow market. The transaction was secured through a loan amounting to $3,230,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,230,000.00
- Address: 1159 Mt. Zion Rd.
- Market: Morrow
- Lender: RRA Capital
- Brokers: Cliff Joyner (CBRE)
This transaction highlights the role of Cliff Joyner from CBRE, who acted as the broker in facilitating the deal. RRA Capital served as the lender providing the loan necessary for this transaction.
On the Map
$3,230,000
$136/SF
Industrial
View full map
Players
Morrow Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
Loading comparables…
Deal FAQ
Visit Cliff Joyner to view all their deals.
Browse Morrow industrial loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.91%
Cash-on-Cash
-1.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93