Marcus & Millichap: Arranges sale of 23-unit student housing property in Whitewater, Wisconsin

WHITEWATER, Wis., Sept. 22,2025 – 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 The Element, a 23-unit, 87-bed student housing property in Whitewater, Wisconsin. 

“The Element presented a rare opportunity to acquire purpose-built student housing in a high-demand university market,” said Matthew Whiteside, senior managing director investments. “Its proximity to campus and strong occupancy history made it especially attractive to investors.” 

Whiteside, investment specialists in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, CatCon Whitewater, LLC. 

Element Apartments, located at 234 N Prince St., features 23 units across 28,291 rentable square feet on 1.79 acres. The property includes one- to four-bedroom floor plans and an adjacent four-bedroom house at 1018 W. Florence St., totaling 87 beds. Built in 2012, it is positioned directly across from key University of Wisconsin–Whitewater academic buildings.