SOLDMultiFamily
Lake Country Apartments LLC Sells 24-Unit Multifamily Property In Siren Wisconsin For $3.575M
23920 Nyberg Road
$3,575,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 3, 2026
AI
A 24-unit multifamily property located at 23920 Nyberg Road in Siren, Wisconsin, has been sold for $3,575,000, equating to $148,958 per unit. The asset is part of the growing multifamily market in the region.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,575,000
- Units: 24
- Price Per Unit: $148,958
- Seller: Lake Country Apartments LLC
- Broker: Daniel Bowar - Marcus & Millichap
The transaction was facilitated by Marcus & Millichap, with Daniel Bowar representing the seller, Lake Country Apartments LLC, in this deal.
Players
Newburg 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
4.44%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93