An affiliate of Bayside-based Katz Properties Inc. recently purchased The Lodgewoods Apartments tower on the East Side of Milwaukee for $9.65 million, according to state records.
The 15-story, 76-unit building was constructed in 1954. It is located at 1121-25 N. Waverly Place, at the southwest corner of Waverly and East Juneau Avenue.
The building was sold by Mequon-based Lodgewood Apartments LP.
The building sold for well above its assessed value of $5.1 million, according to city records.
