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4079 Cadle Creek Road

Casa Rio Marina Sold In Edgewater Maryland For $4.6 Million With Brokers Judith Neighoff & Jeff Griesbauer
SOLDMarina

Casa Rio Marina Sold In Edgewater Maryland For $4.6 Million With Brokers Judith Neighoff & Jeff Griesbauer

4079 Cadle Creek Road

$4,600,000

Building Size

Asset Type

Marina

Closing

Oct 14, 2025

AI

The property asset involved in the transaction is Casa Rio Marina, a 6.5-acre boatyard located at 4079 Cadle Creek Road in Edgewater, Maryland. The asset sold for $4,600,000. It offers various community-focused boating services, continuing a long-standing tradition in the area.

Summary of transaction details:

The sale was executed by local marine operators who acquired the property to maintain its established service to the boating community. Hyatt Commercial facilitated the transaction, representing the interests of the buyers throughout the process.

Players

Judith Neighoff

Hyatt Commercial

Broker

$8.2M

vol

3 deals

Broker
Hyatt Commercial
Hyatt CommercialBrokerage

Edgewater Marina Market Snapshot

Boundary boundary · Marina · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.45%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93