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Ellsworth, Wisconsin

Updated May 12, 2025

Marcus & Millichap Brokered Sale Of 49-Unit Multifamily Portfolio For $5.8 Million In Wisconsin
SOLDMultiFamily

Marcus & Millichap Brokered Sale Of 49-Unit Multifamily Portfolio For $5.8 Million In Wisconsin

$5,800,000

$59,183/SF

Building Size

98 SF

Asset Type

MultiFamily

Closing

May 7, 2025

About this deal

AI

The transaction involved a 49-unit portfolio in Ellsworth and Baldwin, Wisconsin, within proximity to Minneapolis-St. Paul. The sale amounted to $5,800,000 and the properties have a price per square foot of $118,367, reflecting potential for value growth.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $5,800,000
  • Market: Ellsworth & Baldwin, WI
  • Square Footage: 49
  • Price Per Square Foot: $118,367

Scott Anderson represented Marcus & Millichap in brokering this sale, facilitating the transaction between Wisconsin investors on both sides, highlighting the local interest in the properties involved.

Players

Scott M Anderson

Marcus & Millichap

Broker

$15.8M

vol

3 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $59.2K per square foot on a published $5.8M for 98 square feet (2025).

Visit Scott M Anderson to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.73%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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