Private Investor Acquires Bayshore Place Multifamily Community In Glendale Wisconsin For $15.5M
5699 North Centerpark Way
$15,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 16, 2026
AI
The asset involved in the transaction is Bayshore Place, a 113-unit residential community located at 5699 North Centerpark Way in Glendale, Wisconsin. The loan amount for the acquisition of this multifamily property is $15,500,000.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $15,500,000
- Address: 5699 North Centerpark Way
- Market: Glendale, WI
- Broker: Amanda Friant - JLL
- Loan Type: Acquisition
In this transaction, JLL Capital Markets arranged the acquisition, representing the seller, Cypress Equities and partners, with a private investor acting as the buyer.
Players
Milwaukee MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93