RRA Capital Provides $3,675,000 Loan For MultiFamily Property At 1631 Glenside Dr Greensboro
FINANCED
$3,675,000
North Carolina
See Similar DealsMultiFamily
Financed 09/25/2024
FINANCED
RRA Capital Provides $3,675,000 Loan For MultiFamily Property At 1631 Glenside Dr Greensboro
1631 Glenside Dr.
See Similar DealsMultiFamily
Financed 09/25/2024
Summary
NORTH CAROLINA
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a MultiFamily property located at 1631 Glenside Dr., Greensboro. The loan amount secured for this property is $3,675,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,675,000.00
- Address: 1631 Glenside Dr.
- Market: Greensboro
- Lender: RRA Capital
- Brokers: Josh Crowell
- Loan Date: 09/25/2024
In this transaction, Josh Crowell acted as the broker representing the deal, providing professional services throughout the financing process. The lender involved in this transaction was RRA Capital, which facilitated the loan for the acquisition of the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,675,000.00
Monthly NOI$24,500.00
Monthly Debt Service$23,228.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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