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11239 N Pennsylvania Ave.

RRA Capital Provides $12.48 Million Loan For Multifamily Asset In Oklahoma City
FINANCEDMultiFamily

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

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:

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.

Players

Bryan Liu

NorthMarq

Broker

$140.5M

vol

6 deals

Broker
RRA Capital
RRA CapitalLender

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