Goldman Sachs Provides $8M Refinance Loan For Chantilly Self Storage
14159 Mariah Court, Chantilly, Virginia 20151, United States
$8,000,000
$112/SF
Building Size
71,000 SF
Asset Type
—
Closing
Aug 18, 2022
AI
A self storage facility located at 14159 Mariah Ct in Chantilly, VA has recently undergone a refinancing transaction. The facility spans 71,000 square feet and consists of 636 units. The property was refinanced for a loan amount of $8,000,000 with Goldman Sachs. The loan terms include a 10-year period with interest-only payments.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: $8,000,000
- Address: 14159 Mariah Ct, Chantilly, VA
- Market: Chantilly, VA
- Size: 71,000 square feet
- Units: 636
The refinancing deal was facilitated by Aztec group's brokers, Charles Penan, Howard Taft, Jeff Levin, and Joel Zusman. They represented the parties involved in the transaction and successfully secured the loan from Goldman Sachs.
Players
Chantilly CRE Market Snapshot
Boundary boundary · CRE · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93