Updated Feb 4, 2025
RRA Capital Provides $3.42M Loan For Office Property At 8215 Forest Point Blvd
8215 Forest Point Blvd.
$3,419,771
Building Size
—
Asset Type
Office
Closing
Apr 26, 2016
About this deal
AI
The asset involved in this transaction is an office property located at 8215 Forest Point Blvd. in Charlotte. The loan amount secured for this property was $3,419,771.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,419,771.00
- Address: 8215 Forest Point Blvd.
- Market: Charlotte
- Lender: RRA Capital
- Broker: Cory Fowler (JLL)
The deal was facilitated by broker Cory Fowler from JLL, representing the interests of the involved parties in the transaction. The lender for this deal was RRA Capital, contributing to the financial structuring of the loan for the office property.
On the Map
$3,419,771
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.64%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93