Updated Oct 15, 2026
RRA Capital Provides $1,322,000 Loan For Mobile Home In Fayetteville With Broker Hirsch Simins
115 Mobile Lane
$1,322,000
Building Size
—
Asset Type
Mobile Home
Closing
Apr 6, 2023
About this deal
AI
The property involved in this transaction is a mobile home located at 115 Mobile Lane in Fayetteville, with a loan amount of $1,322,000.00. The asset type is specified as a mobile home, indicating its nature as a manufactured dwelling within the residential market.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $1,322,000.00
- Address: 115 Mobile Lane
- Market: Fayetteville
- Lender: RRA Capital
- Brokers: Hirsch Simins
This transaction involves Hirsch Simins as the broker representing the parties in this deal, facilitating the interaction between the lender, RRA Capital, and the borrower related to the mobile home financing.
On the Map
$1,322,000
Mobile Home
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Fayetteville 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
12.00%
Cash-on-Cash
-3.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93