$11.2 Million Loan Secured By RRA Capital For Dallas Asset At 8800 South Julius Schepps Fwy
8800 South Julius Schepps Fwy
$11,200,000
Building Size
—
Asset Type
Other
Closing
Dec 30, 2021
About this deal
AI
The asset involved in this transaction is located at 8800 South Julius Schepps Fwy in Dallas. It is classified as an 'Other' asset type. The loan amount allocated for this property is reported at $11,200,000.00.
Summary of transaction details:
- Property Type: Other
- Transaction Amount: $11,200,000.00
- Address: 8800 South Julius Schepps Fwy
- Market: Dallas
- Lender: RRA Capital
- Brokers: James Currell
This deal involved RRA Capital as the lending entity and was brokered by James Currell, who facilitated the transaction's negotiation and execution without acting as a party to the loan.
On the Map
$11,200,000
Other
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Players
Dallas Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.42%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93