CBRE arranged the sale of Sage on Prospect, a 34-unit multifamily property in Milwaukee’s Lower East Side neighborhood. Three Sixty Real Estate Solutions, LLC, purchased the property from Dominion Properties for $8.25 million.
CBRE’s Sean Beuche, Matson Holbrook, Gretchen Richards and Patrick Gallagher represented the seller in the transaction.
Dominion Properties recently renovated the former assisted living facility, including the addition of two floors with balconies overlooking Lake Michigan and establishing the property as one of the region’s most sustainable multifamily communities, earning the market’s only LEED Platinum certification.
Sage on Prospect is located at 1825 N. Prospect Ave., offering convenient access to several retail and service amenities, parks and the Lake Michigan waterfront. Built in 2016, the property features a range of one‑ and two‑bedroom floor plans.
Community and unit amenities include walk-in closets, in‑unit washers and dryers, balconies and patios, granite countertops, a fitness center, dry cleaning services, heated garage parking, stainless steel appliances, fireplaces in select units, solar panels, EV charging stations, a compost system and a recycling chute for residents.
