Marcus & Millichap brokers USD 4.8 million sale of 23-unit Green Bay multifamily property

MMI•2026-07-16

Marcus & Millichap brokers Green Bay apartment sale

Marcus & Millichap brokered the sale of Whitney School Lofts Apartments, a 23-unit multifamily property in Green Bay, Wisconsin, for USD 4.8 million.

The transaction priced at USD 208,696 per unit, a record high for Green Bay multifamily assets.

The buyer was an out-of-market investor completing a 1031 exchange; the seller was the developer that converted the former school into apartments.

The property at 215 N. Webster Ave. was built in 1918, renovated in 2020, and spans 19,725 rentable square feet.

Sources

Marcus & Millichap brokers USD 4.8 million sale of 23-unit Green Bay multifamily property

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Marcus & Millichap brokers USD 4.8 million sale of 23-unit Green Bay multifamily property

Marcus & Millichap brokers Green Bay apartment sale

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Marcus & Millichap brokers USD 4.8 million sale of 23-unit Green Bay multifamily property

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