RRA Capital Provides $11.61M Loan For Office Asset At 3100 Breckinridge Blvd In Duluth
3100 Breckinridge Blvd
$11,613,000
$61/SF
Building Size
188,608 SF
Asset Type
Office
Closing
May 25, 2017
About this deal
AI
The transaction involves an office asset located at 3100 Breckinridge Blvd in Duluth. The loan amount associated with this property is $11,613,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $11,613,000.00
- Market: Duluth
- Lender: RRA Capital
- Broker: C.J. Kelly - JLL
- Loan Date: 05/25/2017
C.J. Kelly, representing the lender RRA Capital, was instrumental in facilitating the loan transaction for the office property located at 3100 Breckinridge Blvd.
The office loan at 3100 Breckinridge Blvd in Duluth, Georgia financed for $11.6M in 2017. The building is 188,608 square feet, implying about 61 per square foot on the published price. C.J. Kelly, JLL appear on the loan alongside JLL. This page is the Duluth, Georgia file for the 3100 Breckinridge Blvd office financed: pricing, party profiles, and other closed office comps from the same Duluth sit in the Market section below. Filter that Duluth office set by closing date to see what else financed near 3100 Breckinridge Blvd around 2017. Published consideration for 3100 Breckinridge Blvd is $11.6M, dated 2017. Cite this RRA Capital Provides $11.61M Loan For Office Asset At 3100 Breckinridge Blvd In Duluth loan when underwriting similar office product around Duluth, Georgia.
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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