Amar Lodging buys 7544 Teague Rd in Hanover for $8.37 million

At $111 per square foot, a hotel at 7544 Teague Rd in Hanover sold for $8,370,000 on August 27, 2026, according to the Maryland Department of Assessments and Taxation's property records.

The record lists Ahip MD Hanover 7544 Prop LLC as the seller and Amar Lodging LLC as the buyer.

The Assessor's records show 75,616 square feet of building area, a build year of 2006 and a 3.61-acre lot. The market value on record is $8,089,600. The last sale before this one on record was $14,028,664 in 2012.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Anne Arundel County?

By our estimate, the seller's two largest charges, not counting prorations, were $62,775 for the county transfer tax (Anne Arundel County) and $29,295 for the recordation tax (Anne Arundel County). Who pays what follows Anne Arundel County custom.

How much did the seller net?

By our estimate, the seller netted about $8,242,640. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $8,489,472 at closing. That covers the full price and closing costs.

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