Marcus & Millichap negotiated the sale of Schofield Mill Apartments, an 84-unit multifamily property in Schofield, Wisconsin. The property sold for $15 million, or $178,571 per unit.
Dan Bowar, investment specialist in Marcus & Millichap’s Milwaukee office, marketed the property on behalf of the seller, Schofield Mill Apartments, LLC, and procured the buyer, a Wisconsin-based investor.
Schofield Mill Apartments is situated on 1.54 acres along the Eau Claire River at 220 Drott St. Built in 2022, the property features a mix of one-, two- and three-bedroom floor plans across approximately 100,000 rentable square feet.
