Updated Feb 4, 2025
RRA Capital Provides $2,763,000 Loan For Multifamily Asset At 5349 New Peachtree Rd Atlanta
5349 New Peachtree Rd.
$2,763,000
$35/SF
Building Size
77,153 SF
Asset Type
MultiFamily
Closing
Jun 19, 2019
About this deal
AI
The property asset involved in this transaction is located at 5349 New Peachtree Rd., Atlanta, and falls under the MultiFamily category. The loan amount secured for this property is $2,763,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,763,000.00
- Date of Loan: 06/19/2019
- Lender: RRA Capital
- Brokers: Joe Hercenberg - Walker & Dunlop
Joe Hercenberg represented Walker & Dunlop in facilitating the loan transaction for this multi-family property, contributing to the overall deal structure and negotiation between parties involved.
Players
Atlanta MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.74%
Cash-on-Cash
-1.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93