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1901 Chicory Road, Mount Pl...

Updated Oct 29, 2024

Likewise Partners Industrial Fund I, LLC Acquires Industrial Property In Mt Pleasant, WI For $6.25M
SOLDIndustrial

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.

On the Map

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$6,250,000

$46,641/SF

Industrial

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Players

Barry Chavin

Newmark

Broker

$6.3M

vol

1 deal

Broker

Mount Pleasant Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $46.6K per square foot on a published $6.3M for 134 square feet (2022).

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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

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