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Real Estate

Elm Grove senior apartment building sells for $16.8 million

Hunter Turpin
By Hunter Turpin
Image from Horizon Construction Group
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Horizon Development GroupLCM Funds Real Estate
Last updated

The Elm Grove Heights apartment building has been sold for $16.8 million, according to state records. The 75-unit building at 13040 W. Bluemound Road was built in 2020 and is dedicated for renters 62 years old and above. Milwaukee-based real estate investor LCM Funds Real Estate purchased the property from its developer, Greenfield-based Horizon Development

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