Updated Feb 4, 2025
RRA Capital Provides $2,558,000 Loan For Multifamily Property At 100 Weatherwood Ct In Winston Salem
100 Weatherwood Ct.
$2,558,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 19, 2018
About this deal
AI
The property asset involved in this transaction is a MultiFamily unit located at 100 Weatherwood Ct. in Winston Salem. The loan amount secured for this asset is $2,558,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,558,000.00
- Address: 100 Weatherwood Ct.
- Market: Winston Salem
- Lender: RRA Capital
- Broker: Joe Hercenberg - Walker & Dunlop
- Loan Date: 12/19/2018
This deal involves key individuals and companies, including Joe Hercenberg representing Walker & Dunlop as the broker for the transaction on behalf of the borrower. The lending institution facilitating the financing for this transaction is RRA Capital.
On the Map
$2,558,000
MultiFamily
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Players
Winston Salem MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.20%
Cash-on-Cash
-1.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93