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. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.
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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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