FINANCEDOffice
RRA Capital Provides $2.9 Million Loan For Office Property At 200 S. 5th St
200 S. 5th St.
$2,900,000
$32/SF
Building Size
89,680 SF
Asset Type
Office
Closing
Feb 28, 2017
AI
The asset involved in this transaction is an office property located at 200 S. 5th St. in Louisville. The loan amount for this property is $2,900,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,900,000.00
- Loan Date: 02/28/2017
- Lender: RRA Capital
- Broker: Paul Stasaitis from JLL
This deal features Paul Stasaitis, representing the broker JLL in this transaction involving the office property in Louisville. The lender for this loan is RRA Capital.
Players
Louisville Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93