- 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.