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6200 W. Good Hope Rd, Milwa...

Updated Oct 29, 2024

Concert Golf Partners Acquires Commercial Property In Milwaukee, WI For $6.3M
SOLDMultiFamily

Concert Golf Partners Acquires Commercial Property In Milwaukee, WI For $6.3M

6200 W. Good Hope Rd, Milwaukee, WI 53223, United States

$6,300,000

Building Size

Asset Type

MultiFamily

Closing

Mar 29, 2023

About this deal

AI

The commercial property located at 6200 West Good Hope Road in Milwaukee, WI has been sold for a price of $6,300,000. The transaction took place on March 29, 2023 and involved Concert Golf Partners as the buyer and Wisconsin Club as the seller.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $6,300,000

Concert Golf Partners, a prominent buyer in the real estate market, acquired the commercial property from Wisconsin Club. The property, situated at 6200 West Good Hope Road in Milwaukee, WI, offers valuable investment potential for Concert Golf Partners in the commercial sector.

Players

CP
Concert Golf PartnersBuyer

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

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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