RRA Capital Provides $3,394,000 Loan For Industrial Asset At 4355 W Reno Ave Las Vegas
4355 W Reno Ave & 4375 W Reno Ave
$3,394,000
$199/SF
Building Size
17,000 SF
Asset Type
Industrial
Closing
Oct 21, 2021
AI
The asset involved in this transaction is an industrial property located at 4355 W Reno Ave in the Las Vegas market. The loan amount for this property transaction was $3,394,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,394,000.00
- Lender: RRA Capital
- Brokers: Bill Chiles
Bill Chiles acted as the broker in this transaction, representing the interests involved in the loan secured for the property. The transaction was completed on 10/21/2021.
Players
Las Vegas Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93