Belcamp Retail Property Sold For $5M By BJ Feller & Mike Philbin Of Stan Johnson Company
Belcamp Road, Belcamp, Maryland 21017, United States
$5,000,000
$1,228/SF
Building Size
4,070 SF
Asset Type
Retail
Closing
Dec 7, 2021
AI
The retail property located at 1343 Belcamp Rd in Belcamp, MD has been sold. The property spans across 2.4 acres in the market. The transaction was facilitated by BJ Feller and Mike Philbin of Stan Johnson Company.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,000,000
- Square Footage: 4,070
- Price per Square Foot: $1,229
BJ Feller and Mike Philbin, representing Stan Johnson Company, played a key role in the successful sale of the property.
Players
Belcamp Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93