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.
Players
Winston Salem MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Winston Salem multifamily loans on Traded.
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