Skip to main content

Multifamily

2920 W. Highland

2920 W Highland Blvd, Milwaukee, WI 53208

Listing Price: $2,530,000

Cap Rate
6.64%
Number of Units
48
GRM
6.68
Occupancy
95.0%
Price/Unit
$52,708
Price/Gross SF
$67.35
Gross SF
37,563

Investment Overview

Marcus & Millichap is pleased to present 2920 W. Highland Bllvd. in Milwaukee, Wisconsin.

Constructed in 1967, 2920 W. Highland Blvd in Milwaukee, Wisconsin is a 48-unit apartment community. There are 33, one bed/one bath units and 15, two bed/one bath units. Underground parking is available to the tenants (27 spots, included depending on availability) with approx. eight outdoors spots. Laundry in currently leased through Coin Appliances. Tenants pay for their individual electric with ownership paying for heat (boiler), water/sewer, and trash removal. One half of the roof was replaced in 2013 and the boilers were replaced in 2011.

Investment Highlights

  • Underground Parking
  • 100 Percent Occupied (as of May 2021)
  • On-Site Laundry Facilities (Leased)

Exclusively Listed By

Listing Price: $2,530,000

Cap Rate
6.64%
Number of Units
48
GRM
6.68
Occupancy
95.0%
Price/Unit
$52,708
Price/Gross SF
$67.35
Gross SF
37,563

Investment Highlights

  • Underground Parking
  • 100 Percent Occupied (as of May 2021)
  • On-Site Laundry Facilities (Leased)

Investment Overview

Marcus & Millichap is pleased to present 2920 W. Highland Bllvd. in Milwaukee, Wisconsin.

Constructed in 1967, 2920 W. Highland Blvd in Milwaukee, Wisconsin is a 48-unit apartment community. There are 33, one bed/one bath units and 15, two bed/one bath units. Underground parking is available to the tenants (27 spots, included depending on availability) with approx. eight outdoors spots. Laundry in currently leased through Coin Appliances. Tenants pay for their individual electric with ownership paying for heat (boiler), water/sewer, and trash removal. One half of the roof was replaced in 2013 and the boilers were replaced in 2011.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower