Banner Real Estate Group Acquires Statesman Apartments In Franklin, WI For $43.5M | 2950 West Statesman Way | MultiFamily | Sale

Summary

Sale

WISCONSIN

MultiFamily

An affiliate of Banner Real Estate Group has acquired the 180-unit Statesman Apartments in Franklin, Wisconsin for $43.5 million. The property, located at 2950 West Statesman Way, offers one- and two-bedroom units with various amenities such as washers and dryers, dishwashers, hardwood floors, walk-in closets, and patios or balconies. The market where this transaction took place is Franklin, WI.

Summary of transaction details:

Property Type: MultiFamily
Transaction Amount: $43,500,000
Address: 2950 West Statesman Way
Market: Franklin, WI
Units: 180
Price Per Unit (PPU): $241,667

An affiliate of Banner Real Estate Group acted as the buyer in this transaction, while the seller was Zilber Residential Group.

Details

Deal Summary

SOLD

IMAGE: 07/14/2023 ADDRESS: 2950 West Statesman Way MARKET: Franklin, WI ASSET TYPE: MultiFamily BUYER: Affiliate of Banner Real Estate Group SELLER: Zilber Residential Group SALE PRICE: $43,500,000 UNITS: 180 ~ PPU: $241,667 NOTE: An affiliate of Banner Real Estate Group has acquired the 180-unit Statesman Apartments in Franklin, Wisconsin for $43.5 million. The property, purchased from Zilber Residential Group, offers one- and two-bedroom units with various amenities such as washers and dryers, dishwashers, hardwood floors, walk-in closets, and patios or balconies.

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Address2950 West Statesman Way

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