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Horvath & Tremblay Sell Retail Property In Lexington Park, MD For $3.72M
SOLD
$3,720,000
Maryland
See Similar DealsRetail
Sold 05/19/2023
SOLD
Horvath & Tremblay Sell Retail Property In Lexington Park, MD For $3.72M
46320 Lexington Village Way Lexington Park, Maryland20653, Usa
See Similar DealsRetail
Sold 05/19/2023
Summary
MARYLAND
Asset Type:Retail
Transaction Type:Sale
The retail property located at 46320 Lexington Village Way in Lexington Park, MD has been sold for a price of $3,720,000. The transaction was completed on 05/19/2023. The property is situated in the Lexington Park market.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $3,720,000
- Address: 46320 Lexington Village Way
- Market: Lexington Park, MD
The sale of this retail property was facilitated by Kyle Danielson and Matt Nadler, representing Horvath & Tremblay.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$198,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,216.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,634.70
Annual Debt Service$211,616.37
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