Hammes Partners Acquires Property At 7704 Matapeake Business Dr For $20.6M With Avison Young As Seller's Rep
SOLD
$20,600,000
+ 1
National
See Similar DealsMedical Office
Sold 04/19/2019
SOLD
Hammes Partners Acquires Property At 7704 Matapeake Business Dr For $20.6M With Avison Young As Seller's Rep
7704 Matapeake Business Dr, Brandy...
See Similar DealsMedical Office
Sold 04/19/2019
+ 1
Summary
Asset Type:Medical Office
Transaction Type:Sale
The property asset involved in the transaction is located at 7704 Matapeake Business Dr, Brandy. The sale price of the property was $20,600,000.00 and it encompasses a square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $20,600,000.00
- Address: 7704 Matapeake Business Dr, Brandy
- Buyer: Hammes Partners
- Seller's Representatives: Mark Johnson (Avison Young), Chip Ryan (Avison Young), Georgiana Condoiu (Avison Young)
The key individuals representing the seller in this transaction are Mark Johnson, Chip Ryan, and Georgiana Condoiu, all associated with Avison Young. The buyer in this transaction is Hammes Partners, which plays a crucial role in the acquisition of the property.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,098,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$73,187.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$97,654.51
Annual Debt Service$1,171,854.12
Is there something missing? Send suggestions