facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Wisconsin

/

Mixed Use

/

Sale

/

3442 South 103rd Street

Updated Dec 4, 2024

SAM-Progressive LLC Purchases Mixed-Use Property In Milwaukee For $1.7M
SOLDMixed-use

SAM-Progressive LLC Purchases Mixed-Use Property In Milwaukee For $1.7M

3442 South 103rd Street

$1,700,000

$77/SF

Building Size

21,848 SF

Asset Type

Mixed-use

Closing

Mar 21, 2024

About this deal

AI

A 21,848-square-foot flex industrial facility located at 3442 South 103rd Street in Greenfield, Milwaukee, WI, was recently sold for $1.7 million. The transaction was facilitated by Derek Yentz of Founders 3 Real Estate Services, representing the seller, Progressive Casualty Insurance Co., and the buyer, SAM-Progressive LLC.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,700,000
  • Market: Milwaukee, WI
  • Buyer: SAM-Progressive LLC
  • Seller: Progressive Casualty Insurance Co
  • Broker: Derek Yentz - Founders 3 Real Estate Services
  • SF: 21,848
  • Price per SF: $78

Founders 3 Real Estate Services played a crucial role in the successful completion of the deal, orchestrating the sale between Progressive Casualty Insurance Co. and SAM-Progressive LLC. Derek Yentz, the broker from Founders 3, demonstrated expertise in representing the interests of the parties involved, ensuring a smooth transaction process.

Players

Derek Yentz

Founders 3 Real Estate Services

Broker

$1.7M

vol

1 deal

Broker

Milwaukee Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Deal FAQ

About $77 per square foot on a published $1.7M for 21,848 square feet (2024).

Visit Founders 3 Real Estate Services to view all their deals.

Browse Milwaukee mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets