Palwaukee Hospitality, LLC Buys Property At 600 N Milwaukee Ave With Broker Representation From CBRE Hotels
600 N Milwaukee Ave, Prospect Heigh...
Building Size
—
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property involved in this transaction is located at 600 N Milwaukee Ave, Prospect Heights, within the Milwaukee market. The building has a square footage of 0. The sale transaction was made, although the sale price has not been disclosed.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not disclosed
- Address: 600 N Milwaukee Ave, Prospect Heights
- Market: Milwaukee
- Buyer's Name: Palwaukee Hospitality, LLC.
- Seller's Representative: Matt McClure, Brian Silberman - CBRE Hotels
The deal was facilitated by Palwaukee Hospitality, LLC., which acted as the buyer. The representatives for the seller were Matt McClure and Brian Silberman from CBRE Hotels, providing professional services throughout the transaction.
Players
Milwaukee CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93