Weidner Apartment Homes Acquires Multifamily Properties In Milwaukee For $53M

The multifamily property located at 1303 North 10th St. & 926 West Juneau Ave in Milwaukee, Wisconsin has been sold for a total price of $53,000,000. The property consists of 274 units, resulting in a price per unit of $193,431. The sale was completed on July 28, 2021.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $53,000,000
• Units: 274
• Price Per Unit (PPU): $193,431

The buyer of the property is Weidner Apartment Homes, while the sellers are Milhaus Development and The Davis Companies. The sale was facilitated by Wick Kirby, Amanda Friant, and Jaime Fink of JLL Capital Markets.