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3475 Langley Drive

RRA Capital Provides $3.185M Loan For Industrial Asset At 3475 Langley Drive In Hebron
FINANCEDIndustrial

RRA Capital Provides $3.185M Loan For Industrial Asset At 3475 Langley Drive In Hebron

3475 Langley Drive

$3,185,000

$448/SF

Building Size

7,103 SF

Asset Type

Industrial

Closing

Mar 26, 2021

AI

The asset involved is an industrial property located at 3475 Langley Drive in the Hebron market. The loan amount secured for this transaction is $3,185,000.00.

Summary of transaction details:

This transaction highlights the roles of key individuals and entities. Matt Swerdlow represents the broker in this deal, facilitating the transaction between the involved parties and ensuring a successful loan arrangement with RRA Capital.

Players

Matt Swerdlow

Ariel Property Advisors

Broker

$311.3M

vol

26 deals

Broker
RRA Capital
RRA CapitalLender

Hebron Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.98%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93