SARA Investment Real Estate Sells Mixed-use Property In Milwaukee For $14.6M
620 South 76th Street, Milwaukee, Wisconsin 53214, United States
$14,600,000
$121/SF
Building Size
119,971 SF
Asset Type
Mixed-use
Closing
Aug 30, 2022
About this deal
AI
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
Milwaukee Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93