RRA Capital Provides $7M Loan For Mobile Home At 3201 Kaliste Saloom Rd Lafayette
FINANCED
$7,000,000
Louisiana
See Similar DealsMobile Home
Financed 12/05/2023
FINANCED
RRA Capital Provides $7M Loan For Mobile Home At 3201 Kaliste Saloom Rd Lafayette
3201 Kaliste Saloom Rd.
See Similar DealsMobile Home
Financed 12/05/2023
Summary
LOUISIANA
Asset Type:Mobile Home
Transaction Type:Loan
The asset involved in this transaction is a mobile home located at 3201 Kaliste Saloom Rd. in Lafayette. The loan amount secured for this property is $7,000,000.00. This transaction is part of a dynamic market, indicative of movements in the mobile home segment within Lafayette.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $7,000,000.00
- Address: 3201 Kaliste Saloom Rd.
- Market: Lafayette
- Lender: RRA Capital
- Broker: Jonah Aelyon (JLL)
The deal involves Jonah Aelyon representing the interests of the buyer in this transaction, facilitating the closure of this loan through RRA Capital. This highlights the critical role of brokering services in asset financing within the real estate market.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$7,000,000.00
Monthly NOI$46,666.67
Monthly Debt Service$44,244.76
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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