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1800 W Henderson St.

RRA Capital Provides $3.75 Million Loan For Hospital At 1800 W Henderson St Cleburne
FINANCEDHospital

RRA Capital Provides $3.75 Million Loan For Hospital At 1800 W Henderson St Cleburne

1800 W Henderson St.

$3,750,000

Building Size

Asset Type

Hospital

Closing

Mar 1, 2022

AI

The transaction involves a hospital located at 1800 W Henderson St. in Cleburne. The loan amount for this asset is $3,750,000.00, signifying the financial commitment associated with the property acquisition.

Summary of transaction details:

Kyle McDonough represents Tower Capital in this transaction, facilitating the loan process for the hospital’s acquisition. The involvement of RRA Capital as the lender highlights the financial backing required for this property deal.

Players

Kyle McDonough

Tower Capital

Broker

$471M

vol

11 deals

Broker
RRA Capital
RRA CapitalLender

Cleburne Hospital Market Snapshot

Boundary boundary · Hospital · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93