12006 Plum Orchard Dr In Silver Spring Sold For $7.35M With Joe Friedman As Seller's Rep
12006 Plum Orchard Dr, Silver Spring, MD 20904, USA
$7,350,000
$239/SF
Building Size
30,700 SF
Asset Type
Warehouse
Closing
Apr 8, 2020
AI
The property located at 12006 Plum Orchard Dr, Silver Spring was sold for $7,350,000.00. This asset has a total square footage of 30,700 and is situated in the Silver Spring market.
Summary of transaction details:
- Property Type: Unknown
- Transaction Amount: $7,350,000.00
- Address: 12006 Plum Orchard Dr, Silver Spring
- Market: Silver Spring
- Seller's Representative: Joe Friedman-Edge Commercial
- Buyer: Unknown
- Seller: Not disclosed
The transaction involved Joe Friedman representing the seller through Edge Commercial, indicating their role in facilitating the sale process without directly disclosing the identities of the buyer or seller.
Players
Silver Spring Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.16%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93