Marquee Place Multi-Family FOR SALE


Milwaukee, WI - Avenues West
$11,100,000 USD
773-293-5067
, Milwaukee, WI for Sale
$11,100,000 USD
Multi-Family - FOR SALE
1/7
null | 6.19% Cap Rate

Marquee Place
Milwaukee, WI
Avenues West


HIGHLIGHTS

  • $2.68m of CapEx invested
  • All units have been renovated as of 2022
  • 97% current occupancy and 79% pre-leased for the next schoolyear
  • Located on Marquette's campus (4min walk to Alumni Memorial Union)

OVERVIEW

Kiser Group is pleased to present the Marquee Place Portfolio, a five-building, 136-unit portfolio located on Marquette University's campus in Milwaukee, Wisconsin. The portfolio offers a unit mix weighted heavily toward studios and one-bedroom apartments, with select two bedroom units. Situated inside the university's campus boundary and patrolled by the Marquette University Police Department, the portfolio offers residents a rare combination of on campus security and privately owned housing. The buildings sit less than a 4-minute walk to the Alumni Memorial Union and a 5-minute walk to Raynor Memorial Libraries. Demand is reflected in the portfolio's current performance: the portfolio is currently 97% leased and already 79% pre leased for the upcoming school year. All units have been renovated, completed in 2022. Ownership has invested $2.78 million since first purchased.

ASK ABOUT THIS PROPERTY

Luis RoblesKiser GroupMore Info
773-293-5067

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Luis RoblesKiser GroupMore Info
773-293-5067

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.