Updated Sep 10, 2026
RRA Capital Provides $3.58M Loan For Industrial Property In Stratford At 222 S White Horse Pike
222 S White Horse Pike
$3,587,000
Building Size
—
Asset Type
Industrial
Closing
Jun 16, 2023
About this deal
AI
The asset involved in this transaction is an industrial property located at 222 S White Horse Pike in Stratford. The loan amount secured for this property is $3,587,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,587,000.00
- Date of Loan: 06/16/2023
- Lender: RRA Capital
- Broker: Dave Jacobs
This transaction highlights the role of RRA Capital as the lender, providing significant financial backing for the industrial asset. Broker Dave Jacobs facilitated the deal, representing the interests of the involved parties in the transaction.
Players
Stratford 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
4.42%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93