Northmarq’s Midwest Investment Sales team led by Alex Malzone, Jake Lamb, Parker Stewart and Dominic Martinez brokered the $31 million sale of Harbor Estates, a 186-unit garden-style multifamily community located at 3849 Heather Valley Rd. in Sheboygan, Wisconsin, north of Milwaukee.
Northmarq represented the seller, a partnership between Harmoniq Residential and Midloch Investment Partners.
Built in 2002, Harbor Estates offers a mix of one-, two- and three-bedroom apartment homes featuring spacious floor plans, walk-in closets, modern appliances and in-unit laundry. Community amenities include a clubhouse, fitness center, putting green, underground parking and a resort-style swimming pool.
Strategically positioned within eastern Wisconsin’s multifamily market, Harbor Estates provides residents with convenient access to Lake Michigan, major employers, retail, dining and entertainment destinations. Coupled with its rich amenity offering and well-maintained housing stock, the community remains well positioned to attract residents and support long-term investment performance.
The property’s proximity to highly rated schools and recreational amenities further enhances its appeal to renters seeking a balance of convenience and quality of life.
