Updated Sep 24, 2026
Weidner Apartment Homes Sells 374-Unit Multifamily Portfolio In Milwaukee For $60 Million
10300 West Fountain Avenue & 7960 North 107th Street
$60,000,000
Units
374
Asset Type
MultiFamily
Closing
Sep 23, 2026
About this deal
AI
A multifamily portfolio composed of St. James Place and Arbor Ridge Apartments has been sold in Milwaukee, WI, for a total of $60 million. Situated at 10300 West Fountain Avenue and 7960 North 107th Street, the property includes 374 units, with a per unit price of $160,428.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $60,000,000
- Units: 374
- Price Per Unit: $160,428
- Seller: Weidner Apartment Homes
- Market: Milwaukee, WI
- Brokers: Sean Beuche, Matson Holbrook & Gretchen Richards - CBRE
The deal involved CBRE arranging the sale of the multifamily portfolio, with Sean Beuche, Matson Holbrook, and Gretchen Richards representing Weidner Apartment Homes as the seller. The financing for the buyer was arranged by Jim Flinn, whose identity remains undisclosed.
On the Map
$60,000,000
MultiFamily
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Milwaukee MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93