facebook

traded

+ Submit
Home

/

Deals

/

Maryland

/

Mixed Use

/

Sale

/

2011 Greenspring Drive

Maryland Collision Center Acquires Mixed-Use Building At 2011 Greenspring Drive For $2.9M
SOLDMixed-use

Maryland Collision Center Acquires Mixed-Use Building At 2011 Greenspring Drive For $2.9M

2011 Greenspring Drive

$2,900,000

$227/SF

Building Size

12,740 SF

Asset Type

Mixed-use

Closing

Jul 11, 2024

AI

A mixed-use asset located at 2011 Greenspring Drive in Lutherville Timonium, MD, was recently acquired for $2.90 million. The property encompasses a total area of 12,740 square feet, with a price per square foot of $228.

Summary of transaction details:

The acquisition involved Maryland Collision Center as the buyer, with Andrew Meeder and Matthew Curran representing the brokerage MacKenzie Commercial Real Estate Services in the transaction, facilitating the process of this property acquisition in Baltimore County.

Players

Andrew Meeder

MacKenzie Commercial Real Estate Services

Broker

$72.8M

vol

18 deals

Broker

Lutherville Timonium Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93