RRA Capital Provides $3,118,248 Loan For Office Asset At 1510 Ellsworth Industrial Blvd Atlanta
1510 Ellsworth Industrial Blvd.
$3,118,248
$17/SF
Building Size
183,674 SF
Asset Type
Office
Closing
Dec 19, 2014
AI
The property asset involved in the transaction is an office located at 1510 Ellsworth Industrial Blvd. in the Atlanta market. The loan amount for this property is $3,118,248.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,118,248.00
- Lender: RRA Capital
- Broker: Gregg Shapiro (JLL)
- Date: 12/19/2014
This transaction includes key individuals representing the interests in the deal, with Gregg Shapiro from JLL acting as the broker. The lender for this loan is RRA Capital, ensuring the financial backing for the property acquisition.
Players
Atlanta Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.09%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93