12006 Plum Orchard Dr In Silver Spring Sold For $7.35M With Joe Friedman As Seller's Rep
SOLD
$7,350,000
Maryland
See Similar DealsWarehouse30,700 SF
Sold 04/08/2020
SOLD
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
See Similar DealsWarehouse30,700 SF
Sold 04/08/2020
Summary
MARYLAND
Asset Type:Warehouse
Price Per Square Foot:$239
Total Square Footage:30,700 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$391,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$26,113.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,842.75
Annual Debt Service$418,113.00
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