Marcus & Millichap Brokers Sale of 90-Unit Crow's Nest Apartments in De Pere, Wisconsin

Reuters
31 Jul
Marcus & Millichap Brokers Sale of 90-Unit Crow's Nest Apartments in De Pere, Wisconsin

Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has announced the successful sale of Crow's Nest Apartments, a 90-unit multifamily property in De Pere, Wisconsin. The property, known for its historical connection to several Green Bay Packers and its proximity to Lambeau Field, offers a unique investment opportunity due to its below-market rents and low local vacancy rates. The sale was managed by Blake Hanlon and Mark Peltin from Marcus & Millichap's Milwaukee office, and the buyer was the MLG Legacy Fund. The apartments, located at 985 N. Broadway, feature amenities such as an indoor pool, sauna, and underground parking.

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