Physician Real Estate Capital Advisors Acquires Office Building In Kenosha, Wisconsin For $6.2M
1020 35th Street, Kenosha, Wisconsin 53140, United States
$6,200,000
$315/SF
Building Size
19,678 SF
Asset Type
Office
Closing
Mar 2, 2022
AI
An office property located at 1020 35th Street in Kenosha, Wisconsin has been sold for a total of $6,200,000. The property spans across 19,678 square feet and was sold at a price per square foot of $315.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $6,200,000
- Address: 1020 35th Street, Kenosha, Wisconsin
- Market: Kenosha, Wisconsin
The sale was facilitated by Scott Niedergang from PRECAP (Physician Real Estate Capital Advisors) and Nathan Glaisner from Verde Investments, LLC.
Players
Kenosha Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93