Twenty Lake Holdings Acquires Industrial Property In Milwaukee For $26M
4101 West Burnham Street, Milwaukee, Wisconsin 53215, United States
$26,000,000
Building Size
—
Asset Type
Industrial
Closing
Oct 2, 2022
AI
The industrial property located at 4101 W Burnham St in Milwaukee, WI has been sold in a transaction that took place on October 3, 2022. The asset was purchased by Twenty Lake Holdings from the seller, Journal Sentinel. The sale price for the property was $26,000,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $26,000,000
Gannett Co. Inc represented the buyer, Twenty Lake Holdings, in this transaction as the broker.
Players
Milwaukee 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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93