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215 North Webster Avenue

Marcus & Millichap Sells 23-Unit Whitney School Lofts Apartments In Green Bay For $4.8M
SOLDMultiFamily

Marcus & Millichap Sells 23-Unit Whitney School Lofts Apartments In Green Bay For $4.8M

215 North Webster Avenue

$4,800,000

Building Size

Asset Type

MultiFamily

Closing

Jul 16, 2026

AI

The property asset involved in the transaction is the Whitney School Lofts Apartments, a 23-unit multifamily property located at 215 North Webster Avenue in Green Bay, Wisconsin. The sale was completed on July 16, 2026, for a total price of $4,800,000, which equates to approximately $208,696 per unit.

Summary of transaction details:

Patrick Suffield from Marcus & Millichap represented the seller in this transaction, facilitating the sale that achieved a record price per unit for a multifamily property in the Green Bay market.

Players

Patrick Suffield

Marcus & Millichap

Broker

$16.9M

vol

4 deals

Broker

Green Bay 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

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93