RRA Capital Provides $2.25M Loan For Industrial Asset At 4051 Fondorf Dr. In Columbus
FINANCED
$2,250,000
Industrial95,221 SF
Financed 01/22/2019
FINANCED
RRA Capital Provides $2.25M Loan For Industrial Asset At 4051 Fondorf Dr. In Columbus
4051 Fondorf Dr.
See Similar DealsIndustrial95,221 SF
Financed 01/22/2019
Summary
OHIO
Asset Type:Industrial
Price Per Square Foot:$23
Total Square Footage:95,221 SF
Transaction Type:Loan
The property asset involved in this transaction is an industrial asset located at 4051 Fondorf Dr. in the Columbus market. The loan amount secured for this property is $2,250,000.00, indicating a significant investment in this industrial space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,250,000.00
- Address: 4051 Fondorf Dr.
- Market: Columbus
- Lender: RRA Capital
- Brokers: Ryan Horowitz, Cooper Horowitz
This transaction features key individuals and companies that are essential to the deal. The lending institution for this transaction is RRA Capital, while the brokerage services are being represented by Ryan Horowitz from Cooper Horowitz, facilitating the loan arrangement for this industrial property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,250,000.00
Monthly NOI$15,000.00
Monthly Debt Service$14,221.53
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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