Updated Oct 15, 2026
RRA Capital Provides $7.92M Loan For Mobile Home At 1726 Suburban Dr. In Morganton
1726 Suburban Dr., 215 Shuffler Rd., 2509 Us 18 Hwy 64 & 5625 Shirley Rd.
$7,920,000
Building Size
—
Asset Type
Mobile Home
Closing
Dec 22, 2021
About this deal
AI
The asset involved in this transaction is a mobile home located at 1726 Suburban Dr., situated in Morganton. The loan amount for this property totals $7,920,000.00, reflecting the financial commitment associated with this mobile home.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $7,920,000.00
- Date: 12/22/2021
- Lender: RRA Capital
- Brokers: Hirsch Simins
This transaction involved Hirsch Simins as the broker representing the interests related to this mobile home deal. RRA Capital was the lender facilitating the financial aspects of the transaction, ensuring the required funds were made available for this mobile home purchase.
On the Map
$7,920,000
Mobile Home
View full map
Players
Morganton Mobile Home Market Snapshot
Boundary boundary · Mobile Home · Loan transactions
Loading comparables…
Deal FAQ
Browse Morganton mobile home loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.00%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93