1701-1729  S 108th St. West Allis, WI 53214

1701-1729  S 108th St. West Allis, WI 53214

  • Purchased 5/18/2021.

  • Credit quality, WALT of 9.2 years, 2% annual rent bumps, vacant lot and extra parcel

  • Incoming NOI: $391,656 (NNN).

  • $6.11M purchase (6.5 CAP) on 5/18/21 with seller carry of initial down payment.

  • Plan: monetize vacant lot; sell parcel.

  • Stabilized NOI -4/2022- $405,111.

  • Value: $6.75M -10/2022.