Updated Dec 21, 2023
Harbor Stone Advisors Brokers $9.2M Multifamily Sale In Baltimore
900 Cathedral Street, Glasgow, G4 0 Rd, United Kingdom
$9,200,000
Units
62
Asset Type
MultiFamily
Closing
Jun 19, 2022
About this deal
AI
A multifamily property located at 900 Cathedral St # B1 in Baltimore, MD has recently been sold. The transaction took place on June 20, 2022, with a sale price of $9,200,000. The property consists of 62 units, resulting in a price per unit of $148,387.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,200,000
- Units: 62
- Price Per Unit: $148,387
The sale of this multifamily property was facilitated by Harbor Stone Advisors, who served as the broker for the transaction.
Players
Glasgow MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93