Morris Betesh & Jack McPhail Of Arrow Real Estate Advisors Secures $13.8M Refinance Loan In Columbus
FINANCED
$13,800,000
Self Storage1 SF
Financed 02/25/2025
FINANCED
Morris Betesh & Jack McPhail Of Arrow Real Estate Advisors Secures $13.8M Refinance Loan In Columbus
Self Storage1 SF
Financed 02/25/2025
Summary
OHIO
Asset Type:Self Storage
Price Per Square Foot:$13,800,000
Total Square Footage:1 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$13,800,000.00
Monthly NOI$92,000.00
Monthly Debt Service$87,225.39
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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