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3201 Kaliste Saloom Rd.

RRA Capital Provides $7M Loan For Mobile Home At 3201 Kaliste Saloom Rd Lafayette
FINANCEDMobile Home

RRA Capital Provides $7M Loan For Mobile Home At 3201 Kaliste Saloom Rd Lafayette

3201 Kaliste Saloom Rd.

$7,000,000

Building Size

Asset Type

Mobile Home

Closing

Dec 5, 2023

AI

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:

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.

Players

Jonah Aelyon

JLL

Broker

$126.8M

vol

7 deals

Broker
RRA Capital
RRA CapitalLender

Lafayette Mobile Home Market Snapshot

Boundary boundary · Mobile Home · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93