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6901 Rolling Mill Rd, Balti...

6901 Rolling Mill Rd
SOLDIndustrial

6901 Rolling Mill Rd

6901 Rolling Mill Rd, Baltimore, MD, 2...

$5,700,000

$76/SF

Building Size

75,000 SF

Asset Type

Industrial

Closing

Oct 12, 2021

AI

The property located at 6901 Rolling Mill Rd, Baltimore, MD is part of the Baltimore market. It has a total square footage of 75,000 and was sold for $5,700,000.00.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $5,700,000.00
  • Address: 6901 Rolling Mill Rd, Baltimore, MD
  • Market: Baltimore
  • Seller's Representative: Bryn Merrey - Marcus & Millichap
  • Buyer: 1788 Holdings

The transaction involved Bryn Merrey acting as the seller's representative from Marcus & Millichap, facilitating the deal for the seller. The buyer, 1788 Holdings, has successfully acquired the property through this transaction.

Players

Bryn Merrey

Marcus & Millichap

Broker

$42M

vol

7 deals

Broker
1H
1788 HoldingsBuyer

Baltimore Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.78%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93