Updated Aug 27, 2026
Midloch Investment Partners & Harmoniq Residential Sell 186-Unit Multifamily Community In Sheboygan For $31M
3849 Heather Valley Road
$31,000,000
Units
186
Asset Type
MultiFamily
Closing
Aug 25, 2026
About this deal
AI
The sale involved a multi-family asset located at 3849 Heather Valley Road, Sheboygan, WI, consisting of 186 units with a price per unit of $166,667. The transaction was finalized on August 25, 2026, with a total sale price of $31,000,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $31,000,000
- Units: 186
- Price Per Unit: $166,667
- Sale Date: 08/25/2026
- Address: 3849 Heather Valley Road
- Market: Sheboygan, WI
- Seller: Midloch Investment Partners & Harmoniq Residential
- Brokers: Alex Malzone, Jake Lamb, Parker Stewart & Dominic Martinez - NorthMarq
Northmarq facilitated the transaction, acting on behalf of the sellers in this significant multi-family property sale, reflecting the collaborative effort of Midloch Investment Partners and Harmoniq Residential in this deal.
Players
Sheboygan 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
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93