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

/

Multifamily

/

Sale

/

134 Main Street

Dawna Samuels Acquires MultiFamily Property In Racine, WI For $9.35M
SOLDMultiFamily

Dawna Samuels Acquires MultiFamily Property In Racine, WI For $9.35M

134 Main Street

$9,350,000

$118/SF

Building Size

78,748 SF

Asset Type

MultiFamily

Closing

Jul 5, 2023

AI

Located at 134 Main Street in Racine, WI, this multi-family property was recently sold. With a sale price of $9,350,000, the property comprises a total of 78 units. This translates to a price per unit of $119,872. Spanning across 78,748 square feet, the property has a price per square foot of $119.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $9,350,000
  • Units: 78
  • Price per Unit: $119,872
  • Square Feet: 78,748
  • Price per Square Foot: $119
  • Address: 134 Main Street, Racine, WI

In this transaction, Dawna Samuels was the buyer. Eric Wagner, representing Marcus & Millichap, acted as the broker. With his expertise, Wagner facilitated the successful sale of this multi-family property.

Players

Eric Wagner

Marcus & Millichap

Broker

$64.2M

vol

14 deals

Broker

Racine MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.70%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93