Lincolnshire, Ill Acquires 272-unit Multifamily In Madison, WI For $40.8M

A multifamily property located at 302 Parkwood Ln in Madison, WI has been sold on September 1, 2022. The property consists of 272 units, with an average price per unit (PPU) of $150,000. The total sale price for the property is $40,800,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $40,800,000
• Units: 272
• Price per Unit (PPU): $150,000
• Location: 302 Parkwood Ln, Madison, WI

The buyer of the property is a company based in Lincolnshire, Ill. The deal was facilitated by JLL Capital Markets acting as the broker.