Updated Oct 15, 2026
RRA Capital Provides $9.31M Loan For MultiFamily Asset At 3605 Walden Ln High Point
3605 Walden Ln.
$9,308,000
$105/SF
Building Size
88,534 SF
Asset Type
MultiFamily
Closing
Sep 25, 2024
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 3605 Walden Ln. in the High Point market. The loan amount secured for this asset is $9,308,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $9,308,000.00
- Address: 3605 Walden Ln.
- Market: High Point
- Lender: RRA Capital
- Brokers: Josh Crowell
- Loan Date: 09/25/2024
This transaction involved key individuals and companies, with Josh Crowell representing the broker in this deal. The lender, RRA Capital, provided the financing for the MultiFamily asset.
On the Map
$9,308,000
$105/SF
MultiFamily
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Players
High Point 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
1.70%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93