RRA Capital Provides $6.8 Million Loan For Office Asset At 14008 Shadowglen Blvd In Manor
14008 Shadowglen Blvd.
$6,800,000
Building Size
—
Asset Type
Office
Closing
Jun 2, 2023
About this deal
AI
The property asset involved in this transaction is located at 14008 Shadowglen Blvd. in Manor. It is categorized as an office asset with a loan amount of $6,800,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,800,000.00
- Address: 14008 Shadowglen Blvd.
- Market: Manor
- Lender: RRA Capital
- Brokers: Daniel Redlinger
This deal is represented by broker Daniel Redlinger, who facilitated the transaction between the involved parties and the lender.
The office loan at 14008 Shadowglen Blvd. in Manor, Texas financed for $6.8M in 2023. 14008 Shadowglen Blvd. is classified as Office on Traded. Named participants on the 14008 Shadowglen Blvd. loan are Daniel Redlinger. This page is the Manor, Texas file for the 14008 Shadowglen Blvd. office financed: pricing, party profiles, and other closed office comps from the same Manor sit in the Market section below. Filter that Manor office set by closing date to see what else financed near 14008 Shadowglen Blvd. around 2023. Published consideration for 14008 Shadowglen Blvd. is $6.8M, dated 2023. Cite this RRA Capital Provides $6.8 Million Loan For Office Asset At 14008 Shadowglen Blvd In Manor loan when underwriting similar office product around Manor, Texas.
On the Map
$6,800,000
Office
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Manor Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93