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4910 Benley Court

Florida-based Seller Represents $12.3 Million Sale Of 76-Unit Multifamily Property In Manitowoc
SOLDMultiFamily

Florida-based Seller Represents $12.3 Million Sale Of 76-Unit Multifamily Property In Manitowoc

4910 Benley Court

$12,300,000

Building Size

Asset Type

MultiFamily

Closing

Apr 1, 2026

AI

The transaction involved the sale of Evergreen Townhomes, a multifamily property consisting of 76 units, located at 4910 Benley Court in Manitowoc, WI. The sale price was $12,300,000, resulting in a price per unit of $161,842.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $12,300,000
  • Units: 76
  • Price Per Unit: $161,842
  • Address: 4910 Benley Court
  • Market: Manitowoc, WI

Daniel Bowar of Marcus & Millichap represented the seller, who was based in Florida, and the buyer, who was based in Wisconsin, facilitating this transaction.

Players

Daniel Bowar

Marcus & Millichap

Broker

$38.5M

vol

7 deals

Broker

Manitowoc 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

1.29%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93