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Mill Creek

$10,115,000 Construction Loan Secured By PSG For Self Storage In Mill Creek WA
FINANCEDSelf Storage

$10,115,000 Construction Loan Secured By PSG For Self Storage In Mill Creek WA

$10,115,000

Building Size

Asset Type

Self Storage

Closing

Jun 10, 2026

AI

The asset involved in this transaction is a self-storage facility located in Mill Creek, WA. The total loan amount associated with this property is $10,115,000, secured through a construction loan to support its development.

Summary of transaction details:

Key individuals involved in this transaction include Morris Betesh, Morris Dabbah, and Zachary Strauss, who represent the landlord through their roles at Arrow Real Estate Advisors, facilitating the loan agreement with PSG.

Players

Morris Betesh

Arrow Real Estate Advisors

Broker

$13.3B

vol

229 deals

Broker
PSG Lending
PSG LendingLender

Mill Creek Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.57%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93