FINANCEDMultiFamily
RRA Capital Provides $15.4M Loan For Multifamily Property At 7645 Garners Ferry Rd In Columbia
7645 Garners Ferry Rd.
$15,400,000
$1,076/SF
Building Size
14,303 SF
Asset Type
MultiFamily
Closing
Oct 3, 2022
AI
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.
Players
Columbia 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
1.03%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93