Updated May 12, 2025
Judith Neighoff Of Hyatt Commercial Facilitates Sale Of Medical Office In Edgewater For $2.4M
3179 Braverton Street
$2,400,000
$173/SF
Building Size
13,828 SF
Asset Type
Medical Office
Closing
Mar 22, 2025
About this deal
AI
The asset involved in the transaction is a medical office located at 3179 Braverton Street, Edgewater, MD. The property sold for $2,400,000 and offers a total square footage of 13,828, equating to a price per square foot of $174.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $2,400,000
- Address: 3179 Braverton Street
- Market: Edgewater, MD
- Square Footage: 13,828
- Price per Square Foot: $174
- Broker: Judith Neighoff - Hyatt Commercial
Hyatt Commercial facilitated the sale, highlighting their role in managing the transaction for the Doring Building. Judith Neighoff represented the interests of the parties involved in this deal.
On the Map
$2,400,000
$173/SF
Medical Office
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Players
Edgewater Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93