FINANCEDOffice
RRA Capital Provides $3.25M Loan For Office Asset At 733 Sw Oak St Portland
733 Sw Oak St.
$3,250,000
$120/SF
Building Size
27,080 SF
Asset Type
Office
Closing
Apr 25, 2018
AI
The asset involved in this transaction is an office property located at 733 Sw Oak St. in Portland. The loan amount secured for this property is $3,250,000.00, facilitated by RRA Capital.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,250,000.00
- Address: 733 Sw Oak St.
- Market: Portland
- Lender: RRA Capital
- Brokers: Casey Davidson
Casey Davidson acted as the representative broker in this loan transaction, representing the interests of the involved parties. The closing date of the loan was April 25, 2018.
Players
Portland Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93