2725 W Highland Blvd Milwaukee, WI 53208
Property Lookup
Property profile & analytics
2725 W Highland Blvd Milwaukee, WI 53208
- Apartment buildings
- 96,075 SF
- 0.82 lot acres
Property ID
US92-0936551
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 2725 W Highland Blvd
- Year built
- 1968
- Lot size
- 0.82 lot acres
- Property size
- 96,075 SF
- Zone code
- RM7
- Property type
- Apartment buildings
- APN
- 388-1526-110
- APU
- 3881526110
Description
This exceptional 85-unit apartment building, Highland Court, presents a compelling investment opportunity. Situated on a 0.82-acre lot in Milwaukee, Wisconsin (APN 3881526110), this four-story, 96,075 square foot building boasts a strong pro-forma NOI of $492,316.78. Built in 1968 and zoned RM7, the property features a mix of one- and two-bedroom units, with 64 parking spaces in a secure garage. Amenities include laundry facilities on each floor, vending machines, and 18 private patios/decks with access to an interior courtyard. The building benefits from newer mechanicals, including a 6-year-old EDPM rubber roof and two recently replaced Munchkin boilers (approximately 2 years old). High-efficiency 220V AC units are installed in each apartment, and LED lighting has been implemented throughout the garage and partially in common areas. An elevator upgrade with a new door closure mechanism is scheduled for August 2024. Security features include key fob access and 14 video security cameras. The property includes on-site storage for building operations and maintenance equipment. Most stoves and refrigerators have been recently replaced. Utilities are a mix of tenant-paid electric and landlord-paid gas, sewer, water, and trash. The property is conveniently located near Marquette University, downtown Milwaukee, and I-94, offering easy access to the entire metro area. Offered without an asking price.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,907,000
- AI Estimate
- $7,274,000
Market price range: $5.07M - $18.4MMarket price range: $3.43M - $17.4M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $11,600,000 Current use
- RESTAURANT
- $12,220,000 Change: +5% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $11,460,000 Change: -1% Conversion: Difficult
- MEDICAL BUILDING
- $9,890,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9485
- Latitude
- 43.0441
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$66,216
$172,900
$2,608,100
$2,781,000
-
$172,900
$2,608,100
$2,781,000
