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
- Property Type: School
- Transaction Amount: $196,000,000
- Seller: JBG Smith
- Brokers: Jim Meisel, Matt Nicholson, Andrew Weir, Dave Baker & Kevin Byrd - JLL
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
Bethesda Other Market Snapshot
Boundary boundary · Other · Sale transactions
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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