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:
- Property Type: Industrial
- Transaction Amount: $3,185,000.00
- Broker: Matt Swerdlow
- Agency: Ariel Property Advisors
- Lender: RRA Capital
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
Hebron Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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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