Updated Feb 4, 2025
RRA Capital Provides $5.25 Million Loan For Multifamily Property In Seattle
5253 15th Ave. Ne
$5,250,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 8, 2020
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 5253 15th Ave. Ne, in Seattle. The loan amount secured for this property is $5,250,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,250,000.00
- Address: 5253 15th Ave. Ne
- Market: Seattle
- Lender: RRA Capital
- Broker: Mackinley Robinson
- Loan Date: 12/08/2020
This transaction was facilitated by broker Mackinley Robinson, representing the interests of the involved parties. RRA Capital acted as the lender in this loan agreement.
The multifamily loan at 5253 15th Ave. Ne in Seattle, Washington financed for $5.3M in 2020. 5253 15th Ave. Ne is classified as Multifamily on Traded. This page is the Seattle, Washington file for the 5253 15th Ave. Ne multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Seattle sit in the Market section below. Filter that Seattle multifamily set by closing date to see what else financed near 5253 15th Ave. Ne around 2020. Published consideration for 5253 15th Ave. Ne is $5.3M, dated 2020. Cite this RRA Capital Provides $5.25 Million Loan For Multifamily Property In Seattle loan when underwriting similar multifamily product around Seattle, Washington.
On the Map
$5,250,000
MultiFamily
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Players
Seattle MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93