Quantum Equities Acquires Property In Lanham For $84 Million With Seller's Rep Michael Muldowney
9971 Good Luck Rd, Lanham, MD, 207...
$84,000,000
Building Size
—
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The property involved in this transaction is located at 9971 Good Luck Rd, Lanham, MD, 207... It was sold for $84,000,000.00. The square footage for this property is not specified. The market for this sale is Lanham.
Summary of transation details:
- Property Type: SALE
- Transaction Amount: $84,000,000.00
- Address: 9971 Good Luck Rd, Lanham, MD, 207...
- Market: Lanham
- Seller's Representative: Michael Muldowney (CBRE)
- Buyer: Quantum Equities
- Seller: Not specified
- Square Footage: 0
This transaction features representation by Michael Muldowney of CBRE, underscoring his role in assisting the seller during the sale process. The buyer, Quantum Equities, completed the acquisition as part of their investment strategy.
On the Map
$84,000,000
View full map
Players
Lanham CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Maryland sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93