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Marcus & Millichap Secures $4.2M Loan For School At 6540 Trading Square In Haymarket VA
FINANCED
$4,200,000
Virginia
See Similar DealsSchool
Financed 04/21/2026
FINANCED
Marcus & Millichap Secures $4.2M Loan For School At 6540 Trading Square In Haymarket VA
6540 Trading Square
See Similar DealsSchool
Financed 04/21/2026
Summary
VIRGINIA
Asset Type:School
Transaction Type:Loan
A single-tenant school property located at 6540 Trading Square in Haymarket, Virginia, was involved in this transaction. Financing for the property was arranged in the amount of $4,200,000.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $4,200,000
- Loan Amount: $4,200,000
- Interest Rate: 5.15%
- Amortization Period: 30 years
- Loan Term: 5 years
- Market: Haymarket, VA
Jared Cassidy of Marcus & Millichap represented the private client in securing the financing for this property transaction, facilitating the loan arrangement through Marcus & Millichap Capital Corporation.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,200,000.00
Monthly NOI$28,000.00
Monthly Debt Service$26,546.86
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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