Daily limit: 0/10
Marcus & Millichap Brokers $3.53M Sale Of 40-Unit Kane Place Apartments In Milwaukee
SOLD
$3,525,000
Wisconsin
See Similar DealsMultiFamily17,510 SF
Sold 04/20/2026
SOLD
Marcus & Millichap Brokers $3.53M Sale Of 40-Unit Kane Place Apartments In Milwaukee
East Kane Place
See Similar DealsMultiFamily17,510 SF
Sold 04/20/2026
Summary
WISCONSIN
Asset Type:MultiFamily
Price Per Square Foot:$201
Total Square Footage:17,510 SF
Transaction Type:Sale
The asset involved in the transaction is the Kane Place Apartments, a multifamily property located at 1503-15 E Kane Place in Milwaukee, WI. The sale was completed for a total price of $3,525,000. The property encompasses 40 units with a price per unit of $88,125, and it has a total square footage of 17,510, which translates to a price per square foot of $201.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,525,000
- Units: 40
- Price Per Unit: $88,125
- Total Square Footage: 17,510
- Price Per Square Foot: $201
The deal was facilitated by brokers Blake Hanlon and Mark Peltin from Marcus & Millichap, who represented the transaction successfully. This transaction highlights the brokerage firm's involvement in managing the sale of the property.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$187,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,523.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,710.30
Annual Debt Service$200,523.58
Is there something missing? Send suggestions