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14159 Mariah Court, Chantil...

Goldman Sachs Provides $8M Refinance Loan For Chantilly Self Storage
FINANCED

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

Howard Taft

Aztec Group

Broker

$223.7M

vol

7 deals

Broker
Goldman Sachs
Goldman SachsLender

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