2661 RIVA, LLC Sells Office Building In Annapolis To Dark Horse Development For $6M
2661 Riva Road, Ste 1000
$6,000,000
$116/SF
Building Size
51,447 SF
Asset Type
Office
Closing
Oct 13, 2026
About this deal
AI
The transaction involves a sale of an office property located at 2661 Riva Road, STE 1000, in Annapolis, MD. The asset spans 5 acres and consists of 51,447 square feet. The sale price was recorded at $6,000,000, resulting in a price per square foot of $117.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,000,000
- Address: 2661 Riva Road, STE 1000
- Market: Annapolis, MD
- Seller: 2661 RIVA, LLC
- Broker Representatives: Cecil Cummins, Eric Pinkett & Owen Wellschlager - Hyatt Commercial
- Buyer: Investment group led by Dark Horse Development
Hyatt Commercial facilitated the transaction, representing the seller, 2661 RIVA, LLC. The sale was finalized on October 1, 2026, as per the transaction details outlined.
On the Map
$6,000,000
$116/SF
Office
View full map
Players
Annapolis Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Cecil Cummins to view all their deals.
Browse Annapolis office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93