Marcus & Millichap Arranges $5.525M Sale Of The Reserve At Greenwood Hills In Wausau WI

The Reserve at Greenwood Hills is a multifamily property located at 2725 Oswald Road in Wausau, Wisconsin. This asset, encompassing 16,816 square feet, is situated on 2 acres and consists of 16 units. The property was sold for $5,525,000, which equates to a price per square foot of $329 and a price per unit of $345,313.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,525,000
• Address: 2725 Oswald Road
• Market: Wausau, WI
• Asset Size: 16,816 SF
• Price per Square Foot: $329
• Units: 16
• Price per Unit: $345,313
• Acres: 2
• Brokers: Daniel Bowar - Marcus & Millichap

Daniel Bowar represented the seller and facilitated the transaction by procuring a buyer based in Wisconsin. Marcus & Millichap arranged the sale, which included a shovel-ready development site approved for up to 48 additional units.