Updated Oct 15, 2026
RRA Capital Provides $3.24M Loan For Mobile Home At 1210 Eagle Lake Blvd In Slidell
1210 Eagle Lake Blvd.
$3,240,000
Building Size
—
Asset Type
Mobile Home
Closing
Jun 18, 2021
About this deal
AI
The asset involved in this transaction is a mobile home located at 1210 Eagle Lake Blvd. in Slidell. The loan amount for this transaction is $3,240,000.00.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $3,240,000.00
- Loan Date: 06/18/2021
- Lender: RRA Capital
- Brokers: Hirsch Simins
This transaction showcases the interplay between key individuals and organizations in the financing of mobile home assets. Hirsch Simins acted as the broker, facilitating the deal with lender RRA Capital, which provided the loan for the acquisition of the property.
On the Map
$3,240,000
Mobile Home
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.90%
Cash-on-Cash
-1.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93