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RRA Capital Provides $2.06M Loan For MultiFamily Asset In Athens Represented By Justin Ownby

Property Image
FINANCED
$2,060,000

Georgia

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MultiFamily173,500 SF
Financed 08/10/2018
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Property Image
FINANCED

RRA Capital Provides $2.06M Loan For MultiFamily Asset In Athens Represented By Justin Ownby

235 Sycamore Dr.

See Similar Deals
MultiFamily173,500 SF
Financed 08/10/2018
the dealplayerscompscontact
Contact now

Summary

GEORGIA
Asset Type:MultiFamily
Price Per Square Foot:$11
Total Square Footage:173,500 SF
Transaction Type:Loan

The property involved in this transaction is a MultiFamily asset located at 235 Sycamore Dr. in Athens. The loan amount associated with this transaction is $2,060,000.00.

Summary of transaction details:

Justin Ownby represented the brokerage agency Berkadia in this loan transaction facilitated by RRA Capital, marking a significant monetary commitment towards the MultiFamily asset at the specified location.

Players

Justin Ownby
Berkadia
Justin Ownby
3 deals$123.7M volume
BROKER
RRA Capital
RRA Capital
LENDER

Details

FINANCED
IMAGE: 08/10/2018 ADDRESS: 235 Sycamore Dr. MARKET: Athens ASSET TYPE: MultiFamily BROKERS: Justin Ownby(Berkadia) LENDER: RRA Capital LOAN AMOUNT: $2,060,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$2,060,000.00

Monthly NOI$13,733.33
Monthly Debt Service$13,020.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00