Updated Oct 15, 2026
RRA Capital Provides $4 Million Loan For Mobile Home In Lake Charles Represented By Hirsch Simins
6505 Nelson Rd.
$4,000,000
$52/SF
Building Size
76,227 SF
Asset Type
Mobile Home
Closing
Jun 18, 2021
About this deal
AI
The asset involved in this transaction is a mobile home located at 6505 Nelson Rd. in Lake Charles. The loan amount associated with this mobile home is $4,000,000.00.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $4,000,000.00
- Market: Lake Charles
- Lender: RRA Capital
- Brokers: Hirsch Simins
This transaction was facilitated by the broker Hirsch Simins, representing the parties involved in the deal. The lender in this transaction is RRA Capital, which provided the loan amount for the mobile home asset.
On the Map
$4,000,000
$52/SF
Mobile Home
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Lake Charles Mobile Home Market Snapshot
Boundary boundary · Mobile Home · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93