RRA Capital Provides $15.4M Loan For Multifamily Property At 7645 Garners Ferry Rd In Columbia
FINANCED
$15,400,000
South Carolina
See Similar DealsMultiFamily14,303 SF
Financed 10/03/2022
FINANCED
RRA Capital Provides $15.4M Loan For Multifamily Property At 7645 Garners Ferry Rd In Columbia
7645 Garners Ferry Rd.
See Similar DealsMultiFamily14,303 SF
Financed 10/03/2022
Summary
SOUTH CAROLINA
Asset Type:MultiFamily
Price Per Square Foot:$1,076
Total Square Footage:14,303 SF
Transaction Type:Loan
The transaction involves a multifamily asset located at 7645 Garners Ferry Rd. in Columbia. The loan amount secured for this property is $15,400,000.00, facilitated by RRA Capital.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $15,400,000.00
- Address: 7645 Garners Ferry Rd.
- Market: Columbia
- Lender: RRA Capital
- Brokers: Bryan Liu - NorthMarq
In this transaction, Bryan Liu of NorthMarq represents the interests of the involved parties, facilitating the loan agreement for the multifamily asset.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$15,400,000.00
Monthly NOI$102,666.67
Monthly Debt Service$97,338.48
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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