S&S Commercial LLC Acquires Office Building In Columbia, MD For $4.1M
9160 Guilford Road
$4,100,000
$113/SF
Building Size
36,295 SF
Asset Type
Office
Closing
Nov 15, 2023
AI
Hyatt Commercial has announced the $4.1 million sale of a 36,295-square-foot office building located at 9160 Guilford Road in Columbia, MD. The transaction took place on November 15, 2023.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,100,000
- Square Footage: 36,295 SF
- Price per Square Foot: $113
- Address: 9160 Guilford Road, Columbia, MD
- Market: Columbia, MD
The buyer in this transaction is Mark Schwaiger & Scott Smrkovski, represented by S & S Commercial, LLC. The seller is Adler Real Estate Partners. The brokers involved in the deal are Cecil Cummins & Eric Pinkett from Hyatt Commercial.
Players
Columbia Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93