Marcus & Millichap Facilitates $5.8 Million Sale of 49-Unit Multifamily Portfolio in Western Wisconsin

Reuters
昨天
Marcus & Millichap Facilitates $5.8 Million Sale of 49-Unit Multifamily Portfolio in Western Wisconsin

Marcus & Millichap Inc., a leading commercial real estate brokerage firm, has successfully arranged the sale of a 49-unit multifamily portfolio in Ellsworth and Baldwin, Wisconsin, for $5.8 million. Despite the rural settings of St. Croix and Pierce counties, these areas are increasingly seen as extensions of the Twin Cities metro, reflected in the portfolio's strong rent performance. The transaction was handled by Scott M. Anderson from Marcus & Millichap's Minneapolis office, with both the buyer and seller being Wisconsin-based investors. The portfolio includes 25 units in Ellsworth and 24 units in Baldwin, all within an hour's drive of the Minneapolis-St. Paul metro area.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on April 30, 2025, and is solely responsible for the information contained therein.

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