Updated May 12, 2025
Christopher Cordes Of PPR Capital Management Acquires Multifamily Community In Brown Deer For $38.3M
4401 W Deer Run Dr, Brown Deer, Wi 53223
$38,300,000
Units
232
Asset Type
MultiFamily
Closing
May 2, 2025
About this deal
AI
The Villas at Foxwood is a multifamily community located at 4401 W Deer Run Dr, Brown Deer, WI. The property comprises 232 units and was sold for $38,300,000, resulting in a price per unit of $165,086.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $38,300,000
- Units: 232
- Price Per Unit: $165,086
- Buyer: Christopher Cordes - PPR Capital Management
PPR Capital Management has successfully completed the acquisition of The Villas at Foxwood, reflecting an active engagement in the real estate market by the firm under the representation of Christopher Cordes.
On the Map
$38,300,000
MultiFamily
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Players
Milwaukee MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93