RRA Capital Provides $2,381,640 Loan For Retail Property At 2105 W Williams Ave In Fallon
2105 W Williams Ave.
$2,381,640
Building Size
—
Asset Type
Retail
Closing
Oct 21, 2022
About this deal
AI
The transaction involved a retail asset located at 2105 W Williams Ave in Fallon. The loan amount associated with this property was $2,381,640.00, facilitated by RRA Capital, a lending organization specializing in commercial real estate financing.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,381,640.00
- Address: 2105 W Williams Ave.
- Market: Fallon
- Lender: RRA Capital
- Broker: Anthony Longo - Alpha Capital
The deal was brokered by Anthony Longo, who represented Alpha Capital, contributing to the successful coordination of the loan transaction for the retail property. The engagement marked a pivotal financial interaction between the involved parties within the retail sector.
On the Map
$2,381,640
Retail
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Players
Fallon Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.66%
Cash-on-Cash
-1.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93