Hubbard Street Apartments

Milwaukee, Wisconsin

List Price:

Units:

Average Rent/Unit:

Gross Multiple:

Price/Unit:

$7,798,936

51

$847/month


13.1


$152,920

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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.

 2011 - 2018

Dean Realty Group, Inc. 

1667 Capital Avenue, Suite D, Madison, Wisconsin 53705