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RRA Capital Provides $4.43M Loan For MultiFamily Asset At 201 Dorothy St. In High Point

Property Image
FINANCED
$4,435,000

North Carolina

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MultiFamily
Financed 09/25/2024
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Property Image
FINANCED

RRA Capital Provides $4.43M Loan For MultiFamily Asset At 201 Dorothy St. In High Point

201 Dorothy St.

See Similar Deals
MultiFamily
Financed 09/25/2024
the dealplayerscompscontact
Contact now

Summary

NORTH CAROLINA
Asset Type:MultiFamily
Transaction Type:Loan

The asset involved in this transaction is a MultiFamily property located at 201 Dorothy St. in the High Point market. The loan amount associated with this property is $4,435,000.00.

Summary of transaction details:

The deal was facilitated by broker Josh Crowell, representing the involved parties in this MultiFamily loan transaction. RRA Capital serves as the lender for this transaction.

Players

Colliers
Colliers
BROKERAGE
RRA Capital
RRA Capital
LENDER

Details

FINANCED
IMAGE: 09/25/2024 ADDRESS: 201 Dorothy St. MARKET: High Point ASSET TYPE: MultiFamily BROKERS: Josh Crowell() LENDER: RRA Capital LOAN AMOUNT: $4,435,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$4,435,000.00

Monthly NOI$29,566.67
Monthly Debt Service$28,032.22
Change in Cash Flow$0.00
Refinance Proceeds$0.00