Ruff Roofers, Inc Acquires Industrial Property In Halethorpe, MD For $2.3M
1407 Rome Road, Halethorpe, Maryland 21227, United States
$2,300,000
$104/SF
Building Size
22,000 SF
Asset Type
Industrial
Closing
Jun 28, 2022
AI
The industrial property located at 1407 Rome Rd in Halethorpe, MD has been sold in a recent transaction. The property spans 22,000 square feet and was sold for a price of $2,300,000, resulting in a price per square foot of $105. The buyer of the property is Ruff Roofers, Inc, while the seller is Mid-Atlantic Carpenters and Training.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $2,300,000
- Address: 1407 Rome Rd, Halethorpe, MD
- Market: Halethorpe, MD
The buyer was represented by Andrew Meeder and Daniel Hudak from MacKenzie Commercial Real Estate Services, whereas the seller was represented by Robert Filley, Nick Pirone, and Bryan Herr from Marcus & Millichap.
Players
Halethorpe Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93