RRA Capital Provides $12.48 Million Loan For Multifamily Asset In Oklahoma City
FINANCED
$12,480,000
Oklahoma
See Similar DealsMultiFamily
Financed 09/08/2023
FINANCED
RRA Capital Provides $12.48 Million Loan For Multifamily Asset In Oklahoma City
11239 N Pennsylvania Ave.
See Similar DealsMultiFamily
Financed 09/08/2023
Summary
OKLAHOMA
Asset Type:MultiFamily
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$12,480,000.00
Monthly NOI$83,200.00
Monthly Debt Service$78,882.09
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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