Marcus & Millichap: Arranges the sale of a 46-unit apartment building

FOND DU LAC, WIJanuary 12, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of St. Peter’s Place, a 46-unit apartment property located in Fond du Lac, WI, according to Todd E. Lindblom, regional manager of the firm’s Milwaukee office. The asset sold for $2,400,000.

Matthew E. Whiteside, investment specialists in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer, an individual/personal trust, was secured and represented by Matthew E. Whiteside,  

St. Peter’s Place is located at 50 E 1st Street in Fond du Lac, WI.  Built in 1925 and renovated in 2009, St. Peter’s Place features 27 1-bedroom/1-bathroom units and 19 2-bedroom/1-bathroom units between 652-871 square feet. The property also features on-site laundry facilities, a fitness center, library, community room, beauty salon, business center and underground parking for 19 vehicles.