COLUMBIA, MD — Lee & Associates | Maryland has brokered the sale of a condominium unit within 7120 Minstrel Way in the Columbia area of Howard County, Maryland for $483,000. Bill Harrison, senior vice president and Austin Eber, associate of Lee & Associates | Maryland represented both the seller, Cobalt Real Estate Holdings, LLC and the buyer, Hascon Real Estate Investing in this transaction.
7120 Minstrel Way is a two-story brick and glass building that can accommodate multiple condominium units. Features include corner suites with outdoor views, both in-suite and common-area bathrooms and flexible floor plans. It is located near the intersection of Broken Land Parkway and Snowden River Parkway and is within walking distance to Lake Elkhorn. A number of fast-casual restaurants are within close proximity, as are two full-service hotel properties. Columbia Town Center can be accessed in less than five miles.
“This latest transaction continues our strong condominium sales activity in 2020 which has realized more than $2 million in volume in the Howard County region,” said Bill Harrison of Lee & Associates | Maryland. “Activity has been fueled, in part, by historically low interest rates that have made investing in a property cheaper than paying rent each month. Condominium units are ideal for professional services and other companies with consistently-sized organizations that are not likely to grow or shrink substantially.” READ MORE