John Gallagher Of Hyatt Commercial Represents Off-Market Sale Of Multifamily Property In Annapolis For $3M
214 Prince George Street
$3,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 20, 2025
AI
214 Prince George Street is a six-unit multifamily property located in downtown Annapolis, MD. The property was sold for $3,000,000, resulting in a price per unit of $500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Units: 6
- Price Per Unit: $500,000
- Date of Sale: 11/20/2025
- Address: 214 Prince George Street
- Market: Annapolis, MD
- Broker: John Gallagher - Hyatt Commercial
Hyatt Commercial facilitated the off-market sale, representing the interests associated with the transaction for the multifamily asset located at 214 Prince George Street in Annapolis.
Players
Annapolis MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93