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3179 Braverton Street

Judith Neighoff Of Hyatt Commercial Facilitates Sale Of Medical Office In Edgewater For $2.4M
SOLDMedical Office

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

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:

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.

Players

Judith Neighoff

Hyatt Commercial

Broker

$8.2M

vol

3 deals

Broker

Edgewater Medical Office Market Snapshot

Boundary boundary · Medical Office · Sale transactions

Loading comparables…

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