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Pair of Wisconsin apartment complexes get sold for $29.5 million

Metropolitan Associates acquires Terrace Apartments I and Sunnyslope Estates
The Terrace Apartments I complex at 3218 S Landl Lane, Milwaukee, was built in 1991. (CoStar)
The Terrace Apartments I complex at 3218 S Landl Lane, Milwaukee, was built in 1991. (CoStar)
By Jack Quinn with
CoStar Research
August 18, 2026 | 6:41 P.M.

Metropolitan Associates acquired two apartment complexes, totaling 202 units, in Milwaukee and Hartland, Wisconsin, from Katz Properties for $29.5 million, or about $146,000 per unit.

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