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Daniel Eisenstadt Of Terravet Real Estate Solutions Acquires Eastern Animal Hospital In Baltimore For $7.75M
SOLD
$7,750,000
Maryland
See Similar DealsHospital
Sold 09/11/2025
SOLD
Daniel Eisenstadt Of Terravet Real Estate Solutions Acquires Eastern Animal Hospital In Baltimore For $7.75M
6575 Eastern Avenue
See Similar DealsHospital
Sold 09/11/2025
Summary
MARYLAND
Asset Type:Hospital
Transaction Type:Sale
The property involved in the transaction is a hospital located at 6575 Eastern Avenue in Baltimore, MD. The sale price for the asset was $7,750,000. The facility spans 16,433 square feet and houses the Eastern Animal Hospital, which provides a variety of services, including urgent care, dentistry, and diagnostics.
Summary of transaction details:
- Property Type: Hospital
- Transaction Amount: $7,750,000
- Address: 6575 Eastern Avenue
- Market: Baltimore, MD
- Buyer: Daniel Eisenstadt
- Buyer's Company: Terravet Real Estate Solutions
Daniel Eisenstadt represented Terravet Real Estate Solutions in the acquisition of the Eastern Animal Hospital, which offers a top general practice veterinary clinic and various veterinary services.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$413,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,534.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,738.95
Annual Debt Service$440,867.45
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