Updated Sep 14, 2026
RRA Capital Provides $11.56M Loan For Industrial Property At 2525 Pio Nono Avenue In Macon
2525 Pio Nono Avenue
$11,560,000
$896/SF
Building Size
12,900 SF
Asset Type
Industrial
Closing
Aug 23, 2021
About this deal
AI
The property asset involved in the transaction is located at 2525 Pio Nono Avenue, Macon. The asset is classified as an industrial type, with a loan amount of $11,560,000.00. The transaction took place on August 23, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,560,000.00
- Address: 2525 Pio Nono Avenue
- Market: Macon
- Lender: RRA Capital
- Brokers: Max Kra from Ackman-Ziff
The key individuals and companies involved in the deal include Max Kra, who represented the brokerage Ackman-Ziff in this transaction facilitated by RRA Capital as the lender. This collaboration illustrates the roles played by each party in concluding the loan arrangement for the industrial property.
On the Map
$11,560,000
$896/SF
Industrial
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Players
Macon Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93