Home Industries Real Estate New Land Enterprises sells apartment building near UWM for $3.3 million

New Land Enterprises sells apartment building near UWM for $3.3 million

By
Andrew Weiland
-
3245 N. Oakland Ave., Milwaukee. Image from New Land Enterprises.

Milwaukee-based multi-family housing development firm New Land Enterprises has sold a 24-unit apartment building near the University of Wisconsin-Milwaukee campus for $3.3 million, according to state records. The building, located at 3245 N. Oakland Ave. in Milwaukee’s Cambridge Woods neighborhood, was built in 1965. It has an assessed value of about $1.85 million, according to

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Andrew Weiland
Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a three-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
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Milwaukee-based multi-family housing development firm New Land Enterprises has sold a 24-unit apartment building near the University of Wisconsin-Milwaukee campus for $3.3 million, according to state records. The building, located at 3245 N. Oakland Ave. in Milwaukee's Cambridge Woods neighborhood, was built in 1965. It has an assessed value of about $1.85 million, according to city records. It was sold by an affiliate of New Land to Milwaukee-based BBT Oakland LLC.

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