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509 Bay Street
SOLD

Rose Petal LLC Acquires Multifamily Property From Bay Street Estates LLC In Berlin For $7.8M

509 Bay Street

MultiFamily
clock iconSold 100 days ago
Brian Hosey
Theo Jolley
Altay Uzun
+ 3
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Summary

Sale
MARYLAND
MultiFamily

The sale of Bay Street Estates, a 56-unit multifamily property in Berlin, Maryland, was recently finalized for $7.8 million. The property is located at 509 Bay Street and was transacted between Rose Petal LLC and Bay Street Estates LLC.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $7,800,000
  • Units: 56
  • Price per Unit: $139,286
  • Address: 509 Bay Street
  • Market: Berlin, MD

The deal was facilitated by Altay Uzun, Brian Hosey, Jack Carroll, Justin Ferguson, and Theo Jolley, representing Marcus & Millichap in this transaction.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Brian Hosey's profile picture
Brian Hosey
Marcus & Millichap-image
Vice President / District Manager
$82.7M Sold
Jack Carroll's profile picture

Details

Deal Summary
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SOLD
IMAGE: 04/04/2024 ADDRESS: 509 Bay Street MARKET: Berlin, MD ASSET TYPE: Multifamily BUYER: Rose Petal LLC SELLER: Bay Street Estates LLC BROKERS: Altay Uzun, Brian Hosey, Jack Carroll, Justin Ferguson & Theo Jolley - Marcus & Millichap SALE PRICE: $7,800,000 UNITS: 56 ~ PPU: $139,286 NOTE: Marcus & Millichap announced the sale of Bay Street Estates, a 56-unit multifamily property in Berlin, Maryland, for $7.8 million.

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Address509 Bay Street

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