Updated Oct 28, 2024
BTR Capital Acquires 22-Acre Industrial Property In Baltimore County For $8.5M
5200 Glen Arm Road East, Glen Arm, Maryland 21057, United States
$8,500,000
$38/SF
Building Size
220,000 SF
Asset Type
Industrial
Closing
Dec 9, 2021
About this deal
AI
Located at 5200 Glen Arm Road in Baltimore County, MD, this industrial property spans across 22 acres. The property was recently sold in a transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,500,000
- Square Footage: 220,000
- Price per Square Foot: $39
- Market: Baltimore County, MD
The buyer in this transaction was BTR Capital, while the seller was Glen Arm Business Trust. The deal was facilitated by Owen Rouse from MacKenzie Commercial Real Estate Services, LLC, who represented the buyer.
Towson 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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93