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:
- Property Type: Hospital
- Transaction Amount: $3,750,000.00
- Date: 03/01/2022
- Lender: RRA Capital
- Broker: Kyle McDonough - Tower Capital
- Market: Cleburne
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
Cleburne Hospital Market Snapshot
Boundary boundary · Hospital · Loan transactions
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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