Prairie Hill Holdings Fund I, LP Acquires Retail Property On N Casaloma Dr For $12.9M
706 North Casaloma Drive, Appleton, Wisconsin 54913, United States
$12,900,000
$183/SF
Building Size
70,414 SF
Asset Type
Retail
Closing
Oct 2, 2022
AI
The retail property located at 706-750 N Casaloma Dr in Appleton, WI has been sold. The transaction took place on 10/03/2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $12,900,000
- Square Footage: 70,414
- Price Per Square Foot: $183
- Buyer: Prairie Hill Holdings Fund I, LP - Matthew Sandretto
The property was sold for a total price of $12,900,000. With a total square footage of 70,414, the price per square foot was calculated to be $183. The buyer of the property is Prairie Hill Holdings Fund I, LP, represented by Matthew Sandretto.
Appleton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.23%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93