GREENFIELD, WI– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has brokered the sale of Briarwick Pool Apartments (top left photo), a 344-unit apartment complex in Greenfield, an affluent suburb Milwaukee. The terms of the sale were not disclosed. Matthew Whiteside, a vice president investments, in the firm’s Milwaukee office, represented the seller, Jack Styza. After a tremendous amount of activity with the listing, Whiteside ultimately represented the buyer, Blake Capital Corp.
“Apartment deal flow in the Milwaukee area is growing as investors move off the sidelines to seek stabilized long-term cash flow opportunities.” says Whiteside.
“Briarwick Pool Apartments is a meticulously maintained multifamily community in an excellent location that offers a tremendous combination of quiet residential living, excellent demographics, easy access to the metropolitan area and close proximity to local businesses.”
The property is located at 9050 West Waterford Square South on the west side of Greenfield, just four minutes away from freeway access and less than 20 minutes from downtown Milwaukee. Wisconsin’s largest shopping mall, Southridge Mall, is seven minutes away.
Built in 1972 on 17.8 acres, Briarwick Pool Apartments is composed of 13 buildings and a clubhouse. The unit mix is 128 one-bedroom units and 216 two-bedroom apartments. Amenities include private entrances, underground parking, in-unit washer and dryer connections and a heated pool.
Contact: Stacey Corso, Public Relations Manager, (925) 953-1716
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