Updated Oct 29, 2024
Continental Realty Corporation Purchases 331833 SF Property At 17850 Garland Groh Blvd Hagerstown
17850 Garland Groh BLVD, Hagerstow...
Building Size
331,833 SF
Asset Type
Commercial
Closing
Sep 4, 2019
About this deal
AI
The property asset involved in the transaction is located at 17850 Garland Groh Blvd, Hagerstown. It spans a total of 331,833 square feet.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not disclosed
- Address: 17850 Garland Groh BLVD, Hagerstown
- Market: Hagerstown
- Seller's Representatives: Jordan Lex-JLL, Kim Flores-JLL, John Owendoff-Cushman & Wakefield
- Buyer: Continental Realty Corporation
The transaction involved multiple representatives for the seller, indicating a comprehensive approach to managing the sale process. Continental Realty Corporation is the identified buyer in this transaction.
On the Map
Commercial
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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