The Greenfield Highlands
apartments have been sold for $40 million, according to state records.
Greenfield Highlands is a six-building, 180-unit apartment community located along South 110th Street, south of West Cold Spring Road in Greenfield.
The buyers are funds affiliated with Menomonee Falls-based Continental Properties Co. Inc.
The seller is an affiliate of Hexagon Inc.
, which has offices in Denver and Pewaukee.
Neither party immediately responded to requests for comment on the deal.
Construction of Greenfield Highlands started in 2014
. The development was originally to offer condominiums, but switched to rental units.
The open-concept apartments range in size from one to two bedrooms, and include private balconies.
Beyond the six residential buildings is an office/clubhouse. Other amenities include a pool and fitness area.