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SARA Investment Real Estate Sells Mixed-use Property In Milwaukee For $14.6M

Property Image
SOLD
$14,600,000

Wisconsin

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Mixed-use119,971 SF
Sold 08/31/2022
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Property Image
SOLD

SARA Investment Real Estate Sells Mixed-use Property In Milwaukee For $14.6M

620 South 76th Street, Milwaukee, Wisconsin 53214, United States

See Similar Deals
Mixed-use119,971 SF
Sold 08/31/2022
Contact now

Summary

WISCONSIN
Asset Type:Mixed-use
Price Per Square Foot:$121
Total Square Footage:119,971 SF
Transaction Type:Sale

The mixed-use property located at 620 S 76th St in Milwaukee, WI has been sold. The transaction took place on 08/31/2022, with a sale price of $14,600,000. The property spans a total area of 119,971 square feet, resulting in a price per square foot of $122. The seller of the property was SARA Investment Real Estate, and the transaction was facilitated by Tom Shepherd and Jennifer Huber-Bullock from Colliers.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $14,600,000
  • Address: 620 S 76th St, Milwaukee, WI
  • Market: Milwaukee, WI
  • Square Footage: 119,971
  • Price per Square Foot: $122
  • Seller: SARA Investment Real Estate
  • Brokers: Tom Shepherd & Jennifer Huber-Bullock - Colliers

Tom Shepherd and Jennifer Huber-Bullock from Colliers played a key role in representing the seller, SARA Investment Real Estate, in this transaction. Their expertise and negotiation skills contributed to the successful sale of the mixed-use property at 620 S 76th St in Milwaukee, WI.

Players

Tom Shepherd
2 deals$47.8M volume
BROKER

Jennifer Huber-Bullock
Colliers
2 deals$47.8M volume
BROKER

Details

SOLD
IMAGE: Tom Shepherd & Jennifer Huber-Bullock DATE: 08/31/2022 ADDRESS: 620 S 76th St MARKET: Milwaukee, WI ASSET TYPE: Mixed-use SELLER: SARA Investment Real Estate BROKERS: Tom Shepherd & Jennifer Huber-Bullock - Colliers SALE PRICE: $14,600,000 SF: 119,971 ~ PPSF: $122

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$51,870.71
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