Updated Oct 15, 2026
RRA Capital Provides $4.41M Loan For Mobile Home In Lumberton As Broker Hirsch Simins Represents
2509 Lowe Rod.
$4,405,000
Building Size
—
Asset Type
Mobile Home
Closing
Apr 6, 2023
About this deal
AI
The asset involved in this transaction is a mobile home located at 2509 Lowe Rod in Lumberton. The loan amount for this property is $4,405,000.00, facilitated through RRA Capital.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $4,405,000.00
- Address: 2509 Lowe Rod
- Market: Lumberton
- Lender: RRA Capital
- Brokers: Hirsch Simins
Hirsch Simins represents the seller in this transaction, playing a crucial role in facilitating the loan arrangement between the property owner and RRA Capital.
The mobile home loan at 2509 Lowe Rod. in Lumberton, North Carolina financed for $4.4M in 2023. 2509 Lowe Rod. is classified as Mobile Home on Traded. Hirsch Simins, Walker & Dunlop appear on the loan alongside Walker & Dunlop. This page is the Lumberton, North Carolina file for the 2509 Lowe Rod. mobile home financed: pricing, party profiles, and other closed mobile home comps from the same Lumberton sit in the Market section below. Filter that Lumberton mobile home set by closing date to see what else financed near 2509 Lowe Rod. around 2023. Published consideration for 2509 Lowe Rod. is $4.4M, dated 2023. Cite this RRA Capital Provides $4.41M Loan For Mobile Home In Lumberton As Broker Hirsch Simins Represents loan when underwriting similar mobile home product around Lumberton, North Carolina.
On the Map
$4,405,000
Mobile Home
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Lumberton Mobile Home Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.60%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93