Updated Dec 4, 2024
Anup Khullar Of APE LLC Acquires Former Boston Store Furniture Gallery For $1.5M
18615 West Bluemound Road
$1,500,000
$27/SF
Building Size
55,000 SF
Asset Type
Commercial
Closing
Feb 2, 2024
About this deal
AI
The vacant former Boston Store Furniture Gallery in Brookfield, WI, boasting 55,000 square feet, has been sold to local investor APE LLC for $1.5 million. The property, located at 18615 West Bluemound Road, was acquired from Better Cowork LLC.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $1,500,000
- Buyer: Anup Khullar - APE LLC
- Seller: Better Cowork LLC
- Address: 18615 West Bluemound Road, Brookfield, WI
- Market: Brookfield, WI
Anup Khullar of APE LLC emerged as the buyer in this commercial property transaction, while Better Cowork LLC acted as the seller in the deal involving the former Boston Store Furniture Gallery.
On the Map
$1,500,000
$27/SF
Commercial
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93