Updated Jun 23, 2025
Marcus & Millichap Sells 38-Unit Multifamily Portfolio In Hudson Wisconsin For $6.33M
1619 Ward Avenue
$6,330,000
Units
38
Asset Type
MultiFamily
Closing
Jun 20, 2025
About this deal
AI
A 38-unit multifamily portfolio located at 1619 Ward Avenue in Hudson, Wisconsin, was sold for $6,330,000. This transaction reflects the market's value of $166,579 per unit, indicating a notable investment in the local multifamily asset class.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,330,000
- Units: 38
- Price Per Unit: $166,579
- Broker: Scott M. Anderson - Marcus & Millichap
- Sale Date: 06/20/2025
- Market: Hudson, WI
Marcus & Millichap represented the seller in this transaction, facilitating the sale to a local syndication group, which marks a trend toward higher-density development in the area driven by sustained rental demand.
Players
Hudson MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.51%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93