RRA Capital Provides $6.16M Loan For Mobile Home At 76 Dean Ray Ct Newport News
FINANCED
$6,160,000
Virginia
See Similar DealsMobile Home
Financed 12/21/2021
FINANCED
RRA Capital Provides $6.16M Loan For Mobile Home At 76 Dean Ray Ct Newport News
76 Dean Ray Ct.
See Similar DealsMobile Home
Financed 12/21/2021
Summary
VIRGINIA
Asset Type:Mobile Home
Transaction Type:Loan
The property asset involved in the transaction is a mobile home located at 76 Dean Ray Ct. in Newport News. The loan amount secured for this property is $6,160,000.00.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $6,160,000.00
- Market: Newport News
- Loan Date: 12/21/2021
- Lender: RRA Capital
- Broker: Kevin Byrd (JLL)
The deal features Kevin Byrd from JLL representing the transaction, acting on behalf of the involved parties in securing the loan from the lender, RRA Capital. This transaction underscores the collaboration between financial institutions and brokers in facilitating mobile home investments.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,160,000.00
Monthly NOI$41,066.67
Monthly Debt Service$38,935.39
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions