facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

District Of Columbia

/

Office

/

Sale

/

2121 Ward Place Northwest W...

Updated Oct 29, 2024

Ronald D. Paul Cos Sells Office Building In Washington, DC For $20.5M
SOLDOffice

Ronald D. Paul Cos Sells Office Building In Washington, DC For $20.5M

2121 Ward Place Northwest Washington, District Of Columbia 20037, Usa

$20,500,000

$359/SF

Building Size

57,000 SF

Asset Type

Office

Closing

May 23, 2023

About this deal

AI

The office property located at 2121 Ward Place Northwest in Washington, DC was recently sold. The property has a total area of 57,000 square feet and was sold for a price of $20,500,000, resulting in a price per square foot of $360.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $20,500,000
  • Address: 2121 Ward Place Northwest, Washington, DC
  • Market: Washington, DC
  • SF: 57,000
  • PPSF: $360

The seller of the property was Ronald D. Paul Cos.

The office sale at 2121 Ward Place Northwest Washington, District Of Columbia 20037, Usa in Washington, District of Columbia sold for $20.5M in 2023. The building is 57,000 square feet, implying about 359 per square foot on the published price. This page is the Washington, District of Columbia file for the 2121 Ward Place Northwest Washington, District Of Columbia 20037, Usa office sold: pricing, party profiles, and other closed office comps from the same Washington sit in the Market section below. Filter that Washington office set by closing date to see what else sold near 2121 Ward Place Northwest Washington, District Of Columbia 20037, Usa around 2023. Published consideration for 2121 Ward Place Northwest Washington, District Of Columbia 20037, Usa is $20.5M, dated 2023. Cite this Ronald D. Paul Cos Sells Office Building In Washington, DC For $20.5M sale when underwriting similar office product around Washington, District of Columbia.

Players

C
CosSeller

Washington Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Deal FAQ

About $359 per square foot on a published $20.5M for 57,000 square feet (2023).

Browse Washington office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.77%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets