West Allis Apts LLC is an investment in a stabilized, cash flowing apartment community. The four building, 178-unit, multi-family rental property in West Allis, Wisconsin, six miles west of downtown Milwaukee, has excellent access to recreation, transportation, employment centers, and abundant retail.

Six Points Apartments, as the property is named, was developed in 2008. This unique rental community is in excellent condition and features large one- and two- bedroom apartment units that average 1,038 square feet. The community features high speed internet, heated underground parking, in-unit laundry, dog park, fitness center, business center, clubhouse for residents to gather, and a rooftop deck with city views. The property has brick and vinyl exteriors. Various strategies will be implemented to preserve and improve cashflow, asset integrity and improve the asset’s net operating income. Updates such as flooring, cabinet hardware, kitchen backsplash, light fixtures, paint, upgrade interior laundry unit packages and appliance packages are planned for unit interiors. The common areas and landscaping will also be updated throughout the property.

West Allis is a suburb on the outskirts of downtown Milwaukee with nearly 60,000 residents that has a more city than suburban feel to it. Located about 10 minutes west of downtown Milwaukee, the community is in close proximity to numerous retail shops. Metro Milwaukee is home to seven Fortune 500 global headquarters including Kohl’s, Northwestern Mutual, Rockwell Automation, and Harley-Davidson, putting the city in the top five per capita. Additionally, the following major corporations have offices within 7 miles of our community: Aurora Health Care, Kroeger/Roundy’s, GE Healthcare, and Froedtert Health.

This property was purchased in July 2021.