For Sale
$15,000,000

0 Marquette UniversityMilwaukee, WI 53202

64 Units, Prime Milwaukee Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 64-unit student housing portfolio ideally situated near Marquette University in Milwaukee, Wisconsin. The portfolio comprises five distinct properties totaling 18,349 to 24,640 square feet across 11,328 to 13,158 square feet of land, with addresses spanning W. Kilbourn Avenue and N. 14th Street. Built in 1900, these properties boast a diverse unit mix, ranging from studios to five-bedroom units, catering to a wide range of student needs. Units feature modern kitchens and baths, updated flooring, and ample closet space. Building amenities include on-site laundry facilities, controlled access, video surveillance, and community-wide Wi-Fi. The portfolio's strategic location offers students easy access to campus, including Raynor Library and the Alumni Memorial Union, as well as downtown Milwaukee, Lake Michigan, and major transportation routes (Interstates 43 and 94, Milwaukee Intermodal Station). The properties are zoned RM-5. The asking price for this turnkey portfolio is $15,000,000. This represents a compelling investment opportunity in a thriving student housing market, benefiting from Marquette University's strong enrollment and robust research activity. The portfolio's proximity to major amenities and transportation ensures high occupancy rates and strong rental income potential. APN numbers are 3901352000, 3900126100, and 3901362000.

Highlights

  • 64-unit, 198-bed student housing portfolio near Marquette University.
  • Cedar Flats: 1425-35 W. Kilbourn Ave.
  • Kappa Delta Sorority House: 1435 W. Kilbourn Ave.
  • Cedar Row I: 1422-32 W. Kilbourn Ave.
  • Pi Phi Sorority House: 1422 W. Kilbourn Ave.
  • Cedar Row II: 903-919 N. 14th Street.

Property Details for 0 Marquette University

Property type
Dormitories, Student housing
Square Feet
18,349 SF
Year Built
1900
Units
64

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0439776
Longitude
-87.8991514
Marquette University, Milwaukee, Wisconsin

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0 Marquette University
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