Updated Feb 4, 2025
RRA Capital Provides $12.48 Million Loan For Multifamily Asset In Oklahoma City
11239 N Pennsylvania Ave.
$12,480,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 8, 2023
About this deal
AI
The property involved in this transaction is a multi-family asset located at 11239 N Pennsylvania Ave. in Oklahoma City. The loan amount for this transaction totals $12,480,000.00.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $12,480,000.00
- Market: Oklahoma City
- Lender: RRA Capital
- Broker: Bryan Liu - NorthMarq
- Loan Date: 09/08/2023
This transaction features key individuals and companies, with Bryan Liu representing NorthMarq in the deal, facilitating arrangements between the involved parties. RRA Capital acts as the lender providing financial support for the multi-family property transaction.
On the Map
$12,480,000
MultiFamily
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Players
Oklahoma City 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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93