Updated Oct 15, 2026
RRA Capital Provides $3,675,000 Loan For MultiFamily Property At 1631 Glenside Dr Greensboro
1631 Glenside Dr.
$3,675,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 25, 2024
About this deal
AI
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.
On the Map
$3,675,000
MultiFamily
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Players
Greensboro 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
4.32%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93