RRA Capital Provides $5.1M Loan For Asset At 104 E Trinity Blvd In Grand Prairie
104 E Trinity Blvd.
$5,100,000
$463/SF
Building Size
11,012 SF
Asset Type
Other
Closing
Oct 12, 2022
About this deal
AI
The asset involved in this transaction is located at 104 E Trinity Blvd, Grand Prairie, in the Other category of property. The transaction was supported by a loan amounting to $5,100,000.00, which reflects the financial commitment required for this deal.
Summary of transation details:
- Property Type: Other
- Transaction Amount: $5,100,000.00
- Address: 104 E Trinity Blvd.
- Market: Grand Prairie
- Lender: RRA Capital
- Brokers: Sean Bastian - Walker & Dunlop
In this transaction, Sean Bastian served as the broker representing Walker & Dunlop, facilitating the loan arrangement with the lender, RRA Capital. This collaboration highlights the involvement of key professionals in executing this property transaction.
On the Map
$5,100,000
$463/SF
Other
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Players
Grand Prairie Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93