Updated Oct 29, 2024
Likewise Partners Industrial Fund I, LLC Acquires Industrial Property In Mt Pleasant, WI For $6.25M
1901 Chicory Road, Mount Pleasant, Wisconsin 53403, United States
$6,250,000
$46,641/SF
Building Size
134 SF
Asset Type
Industrial
Closing
Sep 14, 2022
About this deal
AI
The industrial property located at 1901 Chicory Road in Mt Pleasant, WI has been sold. The property spans 134,805 square feet and was sold for a price of $6,250,000, resulting in a price per square foot of $46. The transaction took place on September 14, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,250,000
- Address: 1901 Chicory Road
- Market: Mt Pleasant, WI
- Square Footage: 134,805
Similarly Partners Industrial Fund I, LLC acquired the property from Wrought Washer Manufacturing, Inc. The deal was facilitated by Travis Tiede and Barry Chavin from Newmark.
Mount Pleasant Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93