Press Releases
Marcus & Millichap Brokers Sale of 14-Unit Multifamily Property in Dickeyville, Wis.
July 28, 2025
DICKEYVILLE, Wis., July 28, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Laras Estates Apartment Homes, a 14-unit multifamily property in Dickeyville, Wisconsin.
“The Driftless Region of Wisconsin continues to draw investor interest thanks to its access to regional hubs like Madison and Dubuque,” said Daniel Bowar, associate director investments. “Loras Estates presented a rare opportunity to acquire a newly built, Class A asset with an approved second phase that will add 20 additional units. With limited supply and tight vacancy across Wisconsin, it remains a strong time to be active on both sides of the multifamily market.”
Bowar, investment specialist in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, Midwest Community Development, and procured the buyer, a Washington investor.
Located at 608 Pine Court, Loras Estates includes 14 two-bedroom, one-bath units, each offering 926 square feet of living space and a 290-square-foot attached heated garage. Built in 2023 and fully ADA compliant, the property offers modern amenities and on-site management in a growing community just minutes from Dubuque and Platteville.
“The Driftless Region of Wisconsin continues to draw investor interest thanks to its access to regional hubs like Madison and Dubuque,” said Daniel Bowar, associate director investments. “Loras Estates presented a rare opportunity to acquire a newly built, Class A asset with an approved second phase that will add 20 additional units. With limited supply and tight vacancy across Wisconsin, it remains a strong time to be active on both sides of the multifamily market.”
Bowar, investment specialist in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, Midwest Community Development, and procured the buyer, a Washington investor.
Located at 608 Pine Court, Loras Estates includes 14 two-bedroom, one-bath units, each offering 926 square feet of living space and a 290-square-foot attached heated garage. Built in 2023 and fully ADA compliant, the property offers modern amenities and on-site management in a growing community just minutes from Dubuque and Platteville.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
