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Private Californian investor acquires 66-unit apartment building in Wisconsin

Six-story Milwaukee multifamily complex sells in 1031 exchange
A 66-unit apartment complex in Milwaukee was sold for over $250,000 per unit. (CoStar)
A 66-unit apartment complex in Milwaukee was sold for over $250,000 per unit. (CoStar)
By Jack Drewicz
CoStar Research
June 17, 2025 | 3:06 P.M.

New Land Enterprises recently sold the Element, a 66-unit apartment building in Milwaukee, for $16.8 million.

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  • Properties