Updated Aug 13, 2026
Hendricks Commercial Properties Sells 129-Unit MultiFamily Asset In West Bend For $21,000,000
611 Veterans Ave.
$21,000,000
Units
129
Asset Type
MultiFamily
Closing
Mar 18, 2025
About this deal
AI
The property involved in the transaction is a MultiFamily asset located at 611 Veterans Ave., West Bend, WI, comprising 129 units. The transaction was concluded with a price of $21,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $21,000,000.00
- Units: 129
- Market: West Bend, WI
- Seller: Hendricks Commercial Properties
The transaction involved Hendricks Commercial Properties as the seller, facilitating the deal for the MultiFamily asset without disclosing further details on buyer representation.
The multifamily sale at 611 Veterans Ave. in West Bend, Wisconsin sold for $21M in 2025. Reported inventory is 129 units across 129 units. This page is the West Bend, Wisconsin file for the 611 Veterans Ave. multifamily sold: pricing, party profiles, and other closed multifamily comps from the same West Bend sit in the Market section below. Filter that West Bend multifamily set by closing date to see what else sold near 611 Veterans Ave. around 2025. Published consideration for 611 Veterans Ave. is $21M, dated 2025. Cite this Hendricks Commercial Properties Sells 129-Unit MultiFamily Asset In West Bend For $21,000,000 sale when underwriting similar multifamily product around West Bend, Wisconsin.
Players
West Bend MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse West Bend multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93