facebook

traded

+ Submit
Home

/

Deals

/

Maryland

/

Other

/

Sale

/

4747 Bethesda Avenue Bethes...

JBG Smith Sells School In Bethesda, MD For $196M With JLL Brokers
SOLDOther

JBG Smith Sells School In Bethesda, MD For $196M With JLL Brokers

4747 Bethesda Avenue Bethesda, Maryland 20814, Usa

$196,000,000

Building Size

Asset Type

Other

Closing

May 17, 2023

AI

The property involved in this transaction is a school located at 4747 Bethesda Avenue, Bethesda, MD. The property was sold by JBG Smith for a price of $196,000,000.

Summary of transation details

The deal was facilitated by the brokers Jim Meisel, Matt Nicholson, Andrew Weir, Dave Baker, and Kevin Byrd, who represent JLL. They played a crucial role in the successful completion of the transaction.

Players

James Meisel

JLL

Broker

$298.8M

vol

5 deals

Broker
JBG Smith
JBG SmithBrokerage
JBG Smith
JBG SmithSeller

Bethesda Other Market Snapshot

Boundary boundary · Other · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.08%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93