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All About Storage Secures $7.19M Loan For La Vista Self Storage

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FINANCED
$7,190,000

Nebraska

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Financed 06/19/2022
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Property Image
FINANCED

All About Storage Secures $7.19M Loan For La Vista Self Storage

11109 Olive Street, La Vista, Nebraska 68128, United States

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Financed 06/19/2022
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Summary

NEBRASKA
Transaction Type:Loan

All About Storage, the landlord of the property located at 11109 Olive St in La Vista, NE, recently secured a loan amounting to $7,190,000. The loan has a 10-year term.

Summary of transaction details

  • Property Type: Self Storage
  • Transaction Amount: $7,190,000
  • Address: 11109 Olive St, La Vista, NE
  • Market: La Vista, NE

The loan for the self storage property was obtained by All About Storage. Phillip Gause from Marcus & Millichap Capital Corporation represented All About Storage as the broker in this transaction.

Players

Phillip Gause
6 deals$101.2M volume
BROKER

Details

FINANCED
IMAGE: 06/19/2022 ADDRESS: 11109 Olive St MARKET: La Vista, NE ASSET TYPE: Self Storage LANDLORD: All About Storage BROKERS: Phillip Gause - Marcus & Millichap Capital Corporation LOAN AMOUNT: $7,190,000 LOAN TERMS: 10-year term loan

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,190,000.00

Monthly NOI$47,933.33
Monthly Debt Service$45,445.69
Change in Cash Flow$0.00
Refinance Proceeds$0.00