Cambridge Realty Capital Provides $3.9M Loan For Nursing Care Facility In Longview
301 Hollybrook Drive, Longview, TX, USA
$3,907,100
$22/SF
Building Size
170,755 SF
Asset Type
Other
Closing
Jul 7, 2020
AI
A nursing care facility located at 301 Hollybrook Drive in Longview has recently closed a loan transaction. The transaction took place on 07/08/2020 and involved a loan amount of $3,907,100. The nursing care facility is a valuable asset in the market of Longview.
Summary of transation details
- Property Type: Nursing Care Facility
- Transaction Amount: $3,907,100
The lender involved in this loan transaction was Cambridge Realty Capital, with Hymie Barber representing the company. Hymie Barber played a crucial role in facilitating the loan process for the nursing care facility.
Players
Longview 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
4.06%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93