Greater Milwaukee Area Listings

Riverbend East
$4,600,000
Units: 65

Riverbend East is comprised of 16 one bedroom one bath, 11 two bedroom one bath, 19 two bedroom one and a half bath and 19 two bedroom two bath units. Most units feature one attached garage that is included in the rent. Tenants are responsible for hot water, electricity, heat (forced air), and air conditioning (central air).  Riverbend East is perfectly situated just north of Highway 60 between Highway 83 and 41, placing it conveniently near all of the area’s attractions and jobs.

Closed

Milwaukee 24
$1,600,000
Units: 24

Milwaukee 24 Apartments feature extensive recent capital improvements including roofs, boilers, vinyl siding, parking lot, and 11 renovated apartments. The property has all two bedroom apartments and is located in a quiet residential neighborhood on the west side of Milwaukee. This is a turnkey opportunity with an immediate 10%+ cash-on-cash returns.

Closed

Milwaukee 40
$2,200,000
Units: 40

Milwaukee 40 Apartments consist of 34 two bedroom and 6 three bedroom units located on the northeast side of Milwaukee. Tenants pay all utilities except water/sewer. Strong occupancy history with extensive recent capital improvements. Priced to sell at $55,000 per unit with immediate 10%+ cash-on-cash returns. 

Closed

Denmark Apartments
$2,400,000
Units: 48

Denmark Apartments is a turnkey property consisting of 48 units between two adjacent buildings located in the north side of Milwaukee. Built in 1972, each building is well-maintained and has undergone extensive capital improvements in the last decade, including new roofs (2017 & 2018), boilers (2012), and a parking lot for one of the apartment buildings. The property features 12 one bedroom and 36 two bedroom apartments. 

Closed

Townline Lilly
$1,495,000
Units: 24

Townline Lilly is a 24-unit located in East Troy, WI with easy access to I-43 and within one block of Piggly Wiggly. Built in 1977 & 1978, Townline Lilly consists of three 8-unit buildings. Clean, 
owner-managed property. Updates include newer boilers, windows, and common area flooring. Rents average $75 under market.

Closed

Sherman Gardens
$2,475,000
Units: 66

Sherman Gardens is a 66-unit apartment complex located on the north side of Milwaukee, WI directly across from Havenwoods State Forest. The property consists of three buildings and features a mix of one and two-bedroom units. The property is priced at 
$37,500 per unit and offers immediate 19% cash returns to the new owner.

Closed

Valley Hill Terrace
$1,500,000
Units: 18

An attractive, 3-building complex consisting of 18 2 bedroom 1.75 bath apartments. Creative floor plans include spacious and desirable layouts, all roughly 1,100 square feet in size, with each unit featuring a 1-car or 2-car attached garage.  The property is 
impeccably maintained, both inside and out, and features tenant-paid utilities (except w/s), gas fireplaces, forced central heat and air conditioning, and many recent appliance updates.  Valley Hill Terrace is a pride of ownership multifamily opportunity for the next investor, offered far below the replacement cost with major rent upside due to long-term ownership.

Closed

Riverwalk
$3,675,000
Units: 36

Riverwalk Senior Apartments boasts many of the amenities offered by newer buildings, yet at rents considerably below new construction levels. With the river, walking path and recent opening of the new Costco nearby, the Subject offers a highly desirable location. There are 20 one bedroom units and 16 two 
bedroom two full bath units, roughly 713 and 1,050 square feet in size, respectively. Within each apartment is the following: a full kitchen appliance package with refrigerator, stove, dishwasher, central heat and air conditioning, white trim and six-panel doors, and spacious layouts with an open-concept kitchen.

Closed

Parkridge
$2,700,000
Units: 24

The Parkridge is offered by the original Owner/Developer, and consists of 24 spacious 2 bedroom 2 full bath townhomes with attached garages.  All units feature desirable floor plans ranging from 1,100-1,300 SF, with open kitchen layouts, white trim and 
6-panel doors throughout, in-unit laundry, plus forced central heat and a/c.  Tenants pay for all utilities, except water/sewer.  This is a condominium-quality apartment offering in a hot Wauwatosa rental market, and current rents offer an exceptional value around $0.82 per SF!

Closed

River Park
$2,025,000
Units: 32

River Park offers one, two, and three bedroom units with spacious outdoor areas and ample outdoor parking. Tenants pay for electricity and AC.  This property is located in downtown Waukesha and just minutes from Interstate 94 which provides easy access to and from the property.

Closed

Monroe Park
$1,110,000
Units: 16

Monroe Park offers townhouse-style units with private entries, washer/dryer hook-ups, detached garages and tenants pay all utilities (except w/s), while located on a visible corner in a strong 
Washington County rental market.

Closed

Arcade on the Lake
$4,300,000
Units: 79

Arcade on the Lake is an attractive offering of 75 renovated apartment units and 4 commercial suites located in downtown Racine, Wisconsin.  Tenants pay the electricity and a portion of their forced heat and air-conditioning (via in-unit electric blowers). The property boasts spacious one-of-a-kind floor plans, full kitchen appliance packages and central air conditioning.  The current owners have steadily reinvested in capital improvements over the trailing 4 years.

Closed

Breezewood Village II
$3,900,000
Units: 65

Breezewood Village II is a 65-unit property built in 1994 located in the Village of Hartland, WI.  The property is comprised of one three-story building including an outdoor parking lot. There are 10 studios, 42 one bedroom one bath, and 13 two bedroom one bath units. Breezewood Village II is a well-maintained property designated for seniors (or the disabled) with an excellent occupancy. With the growing demographic of senior renters, the 
property is poised for future rent growth and strong occupancies for investors.

Closed

Hartview
$1,425,000
Units: 24

Hartview is a 24-unit property located in the Village of Hartland, WI, near the new Pick 'n Save at Highway 16 and 83.  There are 12 bi-level two bedrooms roughly ~1,400 SF in size.  All apartments 
feature private entries, washer/dryer hookups, and electricity, along with low Hartland real estate taxes which all help to maintain low operating expenses for the landlord.

Closed

City Hall Square
$12,250,000
Units: 139

City Hall Square is a landmark property located on the Milwaukee River with 135 apartments, 4 commercial suites, and 149 garage parking stalls.  This signature asset was renovated into
apartments in 1995-1997 at a project cost of $17.5 million through the LIHTC program, and offers the new owner immediate cash returns of 10.6% with true rent upside potential.  Offered Free and Clear!

Closed

Parqueview
$2,135,000
Units: 38

Parqueview is a 38-unit apartment complex located in a prime downtown Waukesha, WI location. The property contains two 18-unit brick buildings and an adjacent duplex. The two 18-unit buildings feature brick exteriors and consist of 36 one bedroom, one bath apartments.  The long-term the past five years, making it a perfect turnkey investment for an owner-operator.

Closed

Section 8 Offering
Units: 196

Two properties are located in Racine totaling 158 units and the other in Manitowoc totaling 40 units. Owned and operated by the original development group, the properties as a whole have recorded an extraordinary economic occupancy of 99% over the 
past 3 years.  These signature properties are offered for sale as a package by the original development group, who has carefully maintained the property by steadily reinvesting cash in the building interiors and exteriors so that the properties are on a 
competitive footing in the market.

Closed

84th & North
$1,275,000
Units: 24

84th and North Apartments, located in the heart of attractive four-building offering that consists of 24 apartment homes, including 16 charming studios and 8 large one bedrooms. The property is impeccably maintained, both inside and out.  Other 
highlights include ample outdoor parking and well-landscaped grounds along with welcoming basements featuring coin-operated laundry rooms, owner maintenance and storage rooms, and private storage lockers for each unit

Closed

University Manor
Units: 40

University Manor is a 40-unit property built in 1990 in an excellent north side location in the City of Waukesha. Highlights include 15 detached garages, low rents, tenant-paid heat, brick 
exteriors, and newer roofs.

Closed

Featured Closings

$2,025,000

32-unit Apartment

Waukesha

$3,675,000

36-unit Apartment

Menomonee Falls

$12,250,000

139-unit  Apartment

Milwaukee

 2011 - 2018

Dean Realty Group, Inc. 

1667 Capital Avenue, Madison, Wisconsin 53705