Marcus & Millichap closed the sale of The Element, a 23-unit, 87-bed student housing property in Whitewater, Wisconsin.
Matthew Whiteside, investment specialist 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.
