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2027 Odens Station Ln, Oden...

Updated Oct 29, 2024

TGM Communities Acquires Property In Odenton With Seller's Representative Michael Muldowney Of CBRE
SOLD

TGM Communities Acquires Property In Odenton With Seller's Representative Michael Muldowney Of CBRE

2027 Odens Station Ln, Odenton, MD...

Building Size

—

Asset Type

—

Closing

Nov 22, 2023

About this deal

AI

The property located at 2027 Odens Station Ln, Odenton, MD, is part of the Odenton market. The specific transaction details include a sale, although the sale price and square footage are noted as zero.

Summary of transation details:

  • Property Type: Sale
  • Transaction Amount: Not disclosed
  • Address: 2027 Odens Station Ln, Odenton, MD
  • Market: Odenton
  • Seller's Representative: Michael Muldowney (CBRE)
  • Buyer: TGM Communities

This transaction involves Michael Muldowney from CBRE representing the seller, while TGM Communities is identified as the buyer in the deal, indicating the parties involved in this closed transaction.

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Players

Michael Muldowney

CBRE

Broker

$231.8M

vol

5 deals

Broker

Odenton CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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