SB&G Hotel Group Acquires Property From Seller For $18 Million In Greenbelt, MD
SOLD
$18,000,000
Maryland
See Similar DealsSOLD
SB&G Hotel Group Acquires Property From Seller For $18 Million In Greenbelt, MD
6400 Ivy Ln, Greenbelt, MD, 20770
See Similar DealsSummary
MARYLAND
Transaction Type:Sale
The property involved in this transaction is located at 6400 Ivy Ln, Greenbelt, MD, 20770, and falls within the Greenbelt market. This asset was sold for $18,000,000.00. The square footage of the property is not detailed in the available information.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: $18,000,000.00
- Address: 6400 Ivy Ln, Greenbelt, MD, 20770
- Market: Greenbelt
- Seller's Representative: Marc Magazine (Savills)
- Buyer: SB&G Hotel Group
Key individuals involved in the transaction include Marc Magazine, who represented the seller in this sale, and the SB&G Hotel Group, the buyer of the property. The transaction highlights the professional engagement of Savills in facilitating the sale.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$960,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$63,950.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,329.18
Annual Debt Service$1,023,950.20
Is there something missing? Send suggestions