Marquee Place Portfolio

For Sale

936 North 15th Street , Milwaukee, WI 53233

This Milwaukee property for sale is located at 936 North 15th Street . The current listed sale price for Marquee Place Portfolio is $33,000,000.

Contacts

broker

Ken Wellar

GREA

broker

Corey Lonberger

GREA

broker

Steffan Ramos

GREA

Property Details

  • Property Type Other
  • Property Size 220,000 SF
  • Units 326
  • Additional Rent Contact for pricing
  • Date Updated Sep 5, 2024
  • Website marqueeplace.sharplaunch.com

Marquee Place Portfolio is a 515-bed, 326-unit off-campus student housing portfolio near Marquette University in Milwaukee, Wisconsin. The Portfolio consists of 12 distinct properties offering a wide range of housing options. Students can choose from private to shared housing with studio, one-, two-, three-, four-, and five-bedroom floorplans. The properties feature renovated units with modern kitchens and baths, vinyl and hardwood floors, and ample closet space. On-site laundry facilities, controlled building/bedroom access, video surveillance, and community-wide Wi-Fi are just some of the building amenities.  

A majority of the properties are within walking distance of all of the academic buildings on Marquette’s campus as well as Raynor Library and Alumni Memorial Union. Further, each of the properties is within a short drive of Downtown Milwaukee, Historic Third Ward neighborhood, Lakeshore State Park overlooking Milwaukee Bay, and is in proximity to Lake Michigan. Access to Wisconsin Avenue, Highland Avenue, Interstates 43 and 94, and the Milwaukee Intermodal Station (MCTS and Amtrak) allow for an easy commute to shopping, entertainment, and recreation. 

Located near Downtown Milwaukee, Marquette University offers a comprehensive range of majors in 11 nationally and internationally recognized colleges and schools to its 7,652 undergraduate and 3,720 graduate students. Marquette features the only private law school and dental school in Wisconsin. The University offers 85 undergraduate majors, 75 doctoral and master’s degree programs, and 24 graduate certificate programs. As an R2 research institution, Marquette is dedicated to “Research in Action” with 1 in 4 undergraduate students participating in faculty research. Over the past 10 years, the University has posted an 87% increase in R&D expenditures.  

Boasting a diverse unit mix ranging from studio to five-bedroom units, this off-campus student housing portfolio near Marquette University presents a compelling investment opportunity for qualified investors to take advantage of a turnkey portfolio.  


*Partnered with Triad Real Estates Partners [Sean Lyons WI Broker 937249-91 ([email protected]); Shaun Buss ([email protected]); Ryan Tobias ([email protected])]


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Highlights

  • No Student Housing Developments in Pipeline: No Planned Student Housing Developments at Marquette
  • Stabilization on the Horizon: Portfolio is Nearing Full Stabilization in Preparation for 2024-25 School Year after Undergoing Lease-Up Phase
  • Mandatory On-Campus Living: First and Second Year Students are Required to Live on Campus with 2022-23 Freshman Classes Returning to Pre-COVID Enrollment Levels
  • Prime Location: Recently Renovated Properties Conveniently Situated within Walking Distance of Marquette University Campus Enhancing Accessibility for Students

Attachments

Getting around

  • 83/100

    Walk Score ®

  • 63/100

    Transit Score ®

  • 75/100

    Bike Score ®

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Location

  • City Milwaukee, WI
  • Neighborhood Avenues West
  • Zip Code 53233
  • Market Milwaukee

Points of Interest

  • Intermodal Station

    0.91 miles

  • Saint Paul at Plankinton

    1.12 miles

  • City Hall

    1.23 miles

  • Historic Third Ward

    1.26 miles

  • Wisconsin Avenue

    1.28 miles

  • Cathedral Square

    1.31 miles

  • Jackson at Juneau

    1.36 miles

  • Ogden/Jackson

    1.44 miles

  • Wisconsin & Cass

    1.50 miles

  • Ogden at Astor

    1.62 miles

  • BP

    1.00 miles

  • BP

    1.12 miles

  • BP

    1.16 miles

  • Shell

    1.23 miles

  • Citgo

    1.31 miles

  • Express Convenience Center

    1.32 miles

  • BP

    1.38 miles

  • Clark

    1.41 miles

  • Hometown

    1.46 miles

  • Citgo

    1.46 miles

  • Physician Parking Only

    0.10 miles

  • Emergency & Women's Health Services Parking

    0.11 miles

  • Marquette University Wells Street Structure

    0.18 miles

  • A

    0.19 miles

  • Aurora Sinai Medical Center Patient & Visitor Parking

    0.20 miles

  • C

    0.22 miles

  • 16th Street Parking Structure

    0.23 miles

  • Aurora Sinai Staff Only

    0.24 miles

  • Aurora Sinai Service Vehicles Only

    0.26 miles

  • Clinic Patient Parking

    0.36 miles

  • The Brewhouse Inn & Suites

    0.41 miles

  • Biller Hotel

    0.53 miles

  • Ambassador Hotel

    0.59 miles

  • Ambassador Inn at Marquette

    0.61 miles

  • Double Tree by Hilton

    0.66 miles

  • Hilton Milwaukee City Center

    0.72 miles

  • SpringHill Suites by Marriott

    0.81 miles

  • Hyatt Regency Milwaukee

    0.82 miles

  • Potawatomi Hotel

    0.82 miles

  • Fairfield Inn & Suites by Marriott Milwaukee Downtown

    0.89 miles

  • Mo's Food Market

    0.74 miles

  • The Avenue

    0.92 miles

  • C & S Asian Supermarket

    0.97 miles

  • TJ Maxx

    1.01 miles

  • Rainbow Foods

    1.23 miles

  • Galst Food Market

    1.26 miles

  • MOD GEN

    1.37 miles

  • Metro Market

    1.38 miles

  • Fresh Thyme

    1.39 miles

  • Maurer’s Urban Market

    1.41 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Marquee Place Portfolio