Hubbard Street
Milwaukee, Wisconsin
List Price:
Units:
Average Rent/Unit:
Gross Multiple:
Price/Unit:
$7,798,936
51
$847/month
13.1
$152,920
Featured Listing


Featured Listing!
Property Highlights
Prime Downtown Milwaukee Location
Elevatored Building
Rooftop Balcony with Views of Downtown Milwaukee
Strong Occupancy History



Investment Overview
Hubbard Street Apartments is a 51-unit apartment community built in 2005 through the Low Income Housing Tax Credit program in the vibrant Riverwest area of downtown Milwaukee, Wisconsin. The unit mix is comprised of 25 One Bedrooms and 26 Two Bedrooms. 46 of the 51 units are tax credit set-aside units subject to rent and income restrictions, while 5 units are market-rate. Hubbard Street offers investors the rare opportunity to purchase a fully-occupied affordable housing investment property in the heart of Milwaukee’s growth corridor including significant long-term rent potential when the tax credit rent restrictions expire, all at a price $30,000 - $80,000 per unit below recently traded downtown apartment properties.