Morris Betesh & Jack McPhail Of Arrow Real Estate Advisors Secures $13.8M Refinance Loan In Columbus
$13,800,000
$13,800,000/SF
Building Size
1 SF
Asset Type
Self Storage
Closing
Feb 25, 2025
AI
The asset involved in the transaction is a cold storage facility located in Columbus, OH. The loan amount for this asset is $13,800,000, and it is categorized as a refinance loan.
Summary of transaction details:
- Property Type: Cold Storage
- Transaction Amount: $13,800,000
- Loan Type: Refinance
- Date: 02/25/2025
- Market: Columbus, OH
- Brokers: Morris Betesh & Jack McPhail - Arrow Real Estate Advisors
The transaction was facilitated by brokers Morris Betesh and Jack McPhail from Arrow Real Estate Advisors, who played a key role in securing the refinancing deal for the cold storage property.
Players
Columbus Self Storage Market Snapshot
Boundary boundary · Self Storage · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93