Kimberlee Partners LP Purchases Property From Bellwether Interest LLC In Kewaskum
2830 North Farm to Market 565 Road...
Building Size
23,657 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The transaction involved the sale of a 23,657-square-foot flux building located at 2830 North Farm to Market 565 Road in Kewaskum. This property was fully leased at the time of sale.
Summary of transaction details:
- Property Type: Flux Building
- Transaction Amount: Not specified
- Market: Kewaskum
- Seller: Bellwether Interest LLC
- Seller's Representative: Jason Tangen - Colliers International
- Buyer: Kimberlee Partners LP
- Buyer's Representative: Hart Schleicher - Capital Real Estate Commercial
Judd Harrison and Jason Tangen from Colliers International represented the seller in the transaction, while Hart Schleicher of Capital Real Estate Commercial acted on behalf of the buyer.
Players
Kewaskum Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93