• Assumable debt of 5.05% fixed interest rate until 2028
  • Stabilized, 173-bed student housing asset within walking distance of the University of Wisconsin-Milwaukee
  • Unit mix offering 10 two-bedroom units and 51 three-bedroom units
  • Walking distance to campus and North Avenue retail & entertainment corridor

The Park at 1824

The Park at 1824 is a stabilized, 173-bed student housing asset within walking distance of the University of Wisconsin-Milwaukee and the North Avenue retail and entertainment corridor. It offers a unit mix of 10 two-bedroom units and 51 three-bedroom units.

This property also has an assumable debt of 5.05% fixed interest rate until March of 2028.

The University of Wisconsin- Milwaukee

There are a total of eighteen different institutions of higher learning in the Milwaukee region and over 100,000 students enrolled throughout, anchored by the 21,000 plus students attending the University of Wisconsin-Milwaukee. The campus is located northeast of downtown, near Lake Michigan, and is the only university in the US to offer a graduate degree in freshwater science.

The university was established in 1956 although its history dates back to 1885, it is now the state’s second-largest university. UW-Milwaukee’s athletic teams are known as the “Panthers”, competing in the Horizon League Conference of the NCAA’s Division I. The university has a wide variety of notable alumni and faculty members, including Satya Nadella, the current Chief Executive Officer of Microsoft.

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The Park at 1824

University of Wisconsin-Milwaukee

Units  |  61

Beds  |  173

Square Ft.  |  52,887

Site  |  0.58 AC

Year Built  |  2009


BROKER CONTACT
SEAN LYONS
O: 312.878.7363
C: 773.505.7326
slyons@triadrepartners.com