Apartment building on Lower East Side sold for $3.4 million

Greek investor purchased property

A 14-unit apartment building on Milwaukee’s Lower East Side sold to an investor from Greece for $3.38 million.

The East Terrace Apartments at 1530 N. Jackson St., was sold by Milwaukee-based Wired Ventures LLC to Bluefields Holding LLC.

The property has an assessed value of $2.5 million, according to city records.

- Advertisement -
1530 N. Jackson St.
East Terrace Apartments, 1530 N. Jackson St.

Highland Park, Illinois-based Blackwatch 68 Properties, a boutique real estate development firm, developed the East Terrace Apartments building in 2014. The property was sold by Timothy Dwyer and David Tighe at Ogden & Company, Inc.

At the time the 1530 building was built, it was one of several apartment developments being constructed on North Jackson Street. The 34-unit Avante Apartments at 1601 N. Jackson St. and the 20-unit Sage on Jackson at 1509 N. Jackson St. were also constructed.

A five-story apartment building at 1623-1639 N. Jackson St., is also proposed.

- Advertisement -

Nearby, The Rhythm, a 140-unit high-end apartment building at 1632 N. Water St., recently opened.

Sign up for the BizTimes email newsletter

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

What's New

BizPeople

Sponsored Content

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
BizTimes Milwaukee