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2349 Perring Manor Rd, Balt...

Unknown Buyer Acquires Property At 2349 Perring Manor Rd Baltimore For $69.3M With Seller's Rep Christine Espenshade
SOLDMultiFamily

Unknown Buyer Acquires Property At 2349 Perring Manor Rd Baltimore For $69.3M With Seller's Rep Christine Espenshade

2349 Perring Manor Rd, Baltimore, MD...

$69,300,000

Building Size

Asset Type

MultiFamily

Closing

Mar 10, 2021

AI

The property involved in this transaction is located at 2349 Perring Manor Rd, Baltimore, MD, within the Parkville market. The property was sold for $69,300,000.00 and has an area of 0 square feet.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $69,300,000.00
  • Address: 2349 Perring Manor Rd, Baltimore, MD
  • Market: Parkville
  • Seller's Representative: Christine Espenshade, Newmark
  • Buyer: Unknown

This transaction features key individuals, notably Christine Espenshade representing the seller through Newmark. The buyer's identity remains undisclosed.

Players

Christine Espenshade

Newmark

Broker

$206.2M

vol

3 deals

Broker

Parkville 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

0.23%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93