Updated Oct 15, 2026
$14.21M Loan Secured By RRA Capital For Multifamily Property At 1200 W Martintown Rd
1200 W Martintown Rd & 400 Swiss St
$14,210,000
Building Size
—
Asset Type
MultiFamily
Closing
May 31, 2023
About this deal
AI
The transaction pertains to a MultiFamily asset located at 1200 W Martintown Rd in the North Augusta market. The loan amount secured for this property is $14,210,000.00, reflecting its financing needs in accordance with market conditions.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $14,210,000.00
- Address: 1200 W Martintown Rd
- Market: North Augusta
- Lender: RRA Capital
- Brokers: Hirsch Simins
Key individuals involved in this transaction include the lender, RRA Capital, providing the financing, and the broker representation by Hirsch Simins, facilitating the transaction for the involved parties.
On the Map
$14,210,000
MultiFamily
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Players
North Augusta 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
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93