Extended-Use Tax Credit Properties

SUNRISE VILLAGE SENIOR APTS
Address
2500 10TH Ave
South Milwaukee WI 53172-2558
Property Details
Number of Units
48
List Price
$4,245,666
Property Contacts:
Broker:
Calvin Akin
Premier Real Estate Management LLC
312 Gateway Rd
Brookfield WI 53045
262-364-1930
[email protected]
Owner Contact:
Casey Duffy
19105 W Capitol Dr Ste 200
Brookfield WI 53045
262-790-4560
[email protected]
WHEDA Contacts:
John Unertl
Compliance Officer
WHEDA
608-266-2607
[email protected]
Tonya Buchner,
Compliance Manager
WHEDA
608-267-9598
[email protected]
Description
Sunrise Village Senior Apartments was originally constructed in 1999 and consists
of a total of 48 apartment units and is a Section 42 LIHTC property. The unit mix
consists of twenty (20) 2-bedroom/1 bath units and twenty-eight (28) 1-bedroom/
1 bath units. The building is 36,604 square feet.
The property is currently subject to restricted rents as follows: one (i) unit at 30%
AMGI, three (3) units at 40% AMGI, three (3) units at 50% AMGI and thirty-seven
(37) units at 60% AMGI. This property has a controlled entrance with intercom
system, a community room with a full kitchen, underground and surface parking,
and laundry on each floor. The property is located on a site of approximately 2.76
acres and has access to 10th Ave. Currently all utilities are available to the site.
Parkside Village Senior Apartments
Address
325 Park Avenue
Hartford, WI 53027
Property Details
Number of Units
50
List Price
$3,951,662
Broker
Calvin Akin
Pre/Mier Real Estate Management LLC
3120 Gateway Road
Brookfield, WI 53045
262-790-4570
Other Contacts
Casey Duffey
Pre/Mier Real Estate Management LLC
3120 Gateway Road
Brookfield, WI 53045
262-790-4560
WHEDA Contact:
Barbara Mundt, WHEDA
201 W Washington Ave Ste 700
PO Box 1728
Madison WI 53701-1728
608-266-0730
[email protected]
Tonya Buchner, WHEDA
201 W Washington Ave Ste 700
PO Box 1728
Madison WI 53701-1728
608-267-9598
[email protected]
Parkside Village Senior Apartments is a beautiful housing community located just blocks away
from downtown Hartford. Parkside Village has 50 apartments, consisting of twenty 2bedroom/1 bath units, and thirty 1 bedroom/1 bath units.
Spacious floor plans range from 638 - 756 square feet for 1 bedroom to 890 - 1000 square feet
for a 2 bedroom. The rooms within each apartment are spacious and bright. Bathrooms are
especially large to give you plenty of room to move around. Doorways and hallways are wide
to accommodate walkers and wheelchairs.
Parkside Village Senior Apartments is a Section 42 LIHTC project, for seniors 55 and better. The
property is currently subject to restricted rents as follows: one (1) unit at 30% AMGI, one (1)
unit at 40% AMGI, one (1) unit at 50% AMGI, and forty-six (46) units at 60% AMGI.
The building has a controlled entrance, a community room, underground and surface parking,
and laundry on each floor. The property is located on a site of approximately 1.57 acres, and
with the gorgeous view of the Mill Pond just across the street, the balconies make a perfect
spot to spend some time.
GARTON TOY FACTORY
Address
746 North Water Street
Sheboygan WI
Property Details
Number of Units
72
List Price
$7,502,722
Property Contacts:
Broker:
Matthew Whiteside
262-364-1930
Owner Contact:
Joyce Wuetrich
608-835-3066
WHEDA Contacts:
Scott Strandberg,
Compliance Officer
WHEDA
414-227-3237
[email protected]
Tonya Buchner,
Compliance Manager,
WHEDA
608-267-9598
[email protected]
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Description
Garton Toy Factory Apartment Homes is a 72-unit mixed-income apartment community located in
Sheboygan’s newly renovated Water Street Development and is within walking distance of many
downtown restaurants and shops.
The property was originally built in 1930 and housed the Garton Toy Factory Riverside Plant; the building
was renovated and converted into apartments in 2000.
The community consists of a three-story building with fourteen (14) one-bedroom units, forty-six (46)
two-bedroom units, and twelve (12) three-bedroom units, offering 32 unique floor plans with city and
water views, and a center exposed atrium. One unit is restricted at 30% of the county median income,
and 51 units are restricted at 60%. The remaining 20 units are offered at market rate. The onebedroom units range in size from 744 to 1,045 square feet; the two-bedroom units range in size from
889 to 1,074 square feet; and the three-bedroom units range from 1,000 to 1,573 square feet.
Amenities include all appliances (stove, refrigerator, dishwasher, and garbage disposal), center island
with breakfast bar, full size in-unit washers and dryers, central gas heat, and central air conditioning.
Some units include exposed brick interior walls, hardwood floors, skylights and vaulted ceilings.
Common areas include heated underground parking, 24-hour fitness center, and an outdoor atrium with
fountains. Bicycle and hiking trails are nearby.
BELLEVILLE SR HOUSING LTD PSHP (SUGARWOOD APTS)
Address
50 Heritage Ln
Belleville WI 53508-0000
Property Details
Number of Units
20
List Price
$1,828,868
Property Contacts:
Broker:
TARGA Commercial Real
Estate Group
6650 University Avenue
608-836-0500
[email protected]
Owner:
Lyndon Jackson
702-466-68885
Lyndon Jackson
[email protected]
WHEDA Contacts:
John Unertl,
Compliance Officer
WHEDA
608-266-2607
[email protected]
Tonya Buchner,
Compliance Manager,
WHEDA
608-267-9598
[email protected]
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Description
Sugarwood Apartments is located at 50 Heritage Lane, Belleville, Wl. The property
consists of 20 apartment units in a three story frame building with heated
underground parking, and was constructed in 2000.
There are 9 one bedroom/l bath and 1 two bedroom/l bath apartments. All units are
garden style. The two bedroom units have a washer/dryer hookup in a pantry off
the kitchen. Units have hot water heat and sleeve/wall air conditioner units.
Common area amenities include an elevator, a community room with full kitchen
and fireplace, and a common area laundry.
The property is age and income restricted pursuant to a recorded Land Use
Restriction Agreement with WHEDA. The building consists of 16 units that are
income restricted and 4 units are market rate.
STOUGHTON SR HOUSING LP II (ROSEWOOD)
Address
321 Dvorak Court
Stoughton WI 53589
Property Details
Number of Units
48
List Price
$4,616,781
Property Contacts:
Broker:
TARGA Commercial Real
Estate Group
6650 University Avenue
608-836-0500
[email protected]
Owner:
Lyndon Jackson
702-466-68885
Lyndon Jackson
[email protected]
WHEDA Contacts:
John Unertl,
Compliance Officer
WHEDA
608-266-2607
[email protected]
Tonya Buchner,
Compliance Manager,
WHEDA
608-267-9598
[email protected]
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Description
Rosewood Apartments ll ls located at 321 Dvorak Ct., Stoughton, Wl. The property
consists of 48 apartment units in a 3 story frame building plus heated underground
parking constructed in 2002.
There are 24 two bed/1 bath, and 24 one bed/1 bath apartments. All units are
garden style. The two bedroom units have washer/dryer hook-ups in a pantry off
the kitchens.
Apartments have in-floor radiant heat and wall air conditioner units. Common area
amenities include an elevator, 49 underground parking stalls, a community room
with full kitchen and fireplace, common area laundry rooms on each floor, a library
with computer and internet access on the second floor, and a beauty salon on the
third floor.
The property is age and income restricted pursuant to a recorded Land Use
Restriction Agreement with WHEDA. 40 units are income restricted and 8 units are
market rate.
HOMESTEAD VILLAGE
Address
320 E. Colome Street
Chippewa Falls, WI 54729
Property Details
Number of Units
48
List Price
$3,472,909
Property Contacts:
Jim Rodgers
608-335-1635
Broker: Ted Bickel
Vice President, J.D. | Multifamily
Capital Markets & Investment Services
Direct 952 837 3097 | Mobile 612 747 3100
[email protected] | vCard
Colliers International | Minneapolis-St. Paul
4350 Baker Road Ste 400 | Minnetonka, MN
55343 www.colliersmsp.com/multifamily
Colliers International
Contact Information:
Barb Mundt, WHEDA
Compliance Officer
608-266-0730
[email protected].
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Tonya Buchner, WHEDA
Manager -Compliance
608-267-9598
[email protected]
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Description
Homestead Village I is a 3 story, 48 unit affordable apartment building for those 55 and older located
at 320 E. Colome Street, Chippewa Falls WI 54729. Building is situated on 3.32 acres of land with
convenient access to shopping and area activities. The building was placed in service on January 31,
2002 and is subject to a Land Use Restriction Agreement whereby 47 units are restricted rent units
with one manager unit.
One unit is rent restricted at 30%, four units at 40%, fifteen units at 50% and twenty seven units at
60% of the county median income. The twenty six one-bedroom units range in size from 635 to 787
square feet. The twenty one two-bedroom units range in size from 918 to 1,035 square feet.
The 3 story brick and vinyl sided building is constructed with a pitched asphalt roof atop the
underground heated resident parking garage. Surface lot at the front of the building accommodates
additional resident and guest parking.
The interior of the 48 unit building has elevator service and contains the leasing office for the
property. Controlled access to the building with private intercom system. Common area spaces
include a community room, coin-op laundry, business center and fitness center with extra storage
spaces available for the residents.
All apartments have a full appliance package including dishwasher, garbage disposal, refrigerator,
stove and microwave. Twenty eight of the units include in unit washer and dryers. All units have
either a private balcony or patio.
The units have hot water baseboard heat along with wall AC units. Rent for the apartments includes
heat, water, sewer, trash and hot water. Residents are responsible for apartment electric.
Underground parking is an additional charge to residents, therefore not included in the base rental
amount.
KUNZELMANN ESSER LOFT APTS
Address
710 W Historic Mitchell St
Milwaukee, WI 53204
Milwaukee County
Property Details
Number of Units
67
List Price
$9,284,487
Realtor:
Mathew Whiteside
Marcus & Millichap
262-364-1936
[email protected]
13890 Bishops Dr. #300
Brookfield, WI 53005
Contact Information:
John Unertl
Compliance Officer
WHEDA
608-266-2607
[email protected]
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Tonya Buchner
Manager
WHEDA
608-267-9598
[email protected]
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Buckhorn Station (aka Cudahy Commons)
Address
4570, 4560 and 4550 South
Nicholson Ave
Cudahy WI 53110
Milwaukee County
Property Details
Number of Units
64
List Price
$6,286,250
Realtor
Matthew Whiteside
Marcus & Millichap
13890 Bishops Dr #300
Brookfield WI 53005
262-364-1936
[email protected]
WHEDA Contact:
Melissa Holcomb, WHEDA
201 W Washington Ave Ste 700
PO Box 1728
Madison WI 53701-1728
608-267-7748
[email protected]
Tonya Buchner, WHEDA
201 W Washington Ave Ste 700
PO Box 1728
Madison WI 53701-1728
608-267-9598
[email protected]
Description
Buckhorn Station is a 64-unit apartment community comprised of three, three-story buildings all located on a
4.07-acre lot in the southeast Milwaukee suburb of Cudahy, approximately five miles south of the downtown
Milwaukee central business district. The site is located near hiking and biking trails, shopping, schools, and
parks; and there is easy access to the bus line.
Unique construction allows residents to choose from fourteen (14) different floor plans, all with condo type
entrances. The units consist of sixteen (16) one bedroom units, thirty-nine (39) two bedroom units, and nine
(9) three bedroom units, all of which are garden-style apartments. One unit each is restricted at 30% and 40%
of the county median income, and the balance of sixty-two (62) units are at 60% of the county median income.
The one bedroom units average in size of 814 square feet; the two bedroom units range in size from 929 to
1,140 square feet; and the three bedroom units average in size of 1,388 square feet.
The units have electric heat, central air conditioning, and washer and dryer in each unit. The buildings have
many amenities including unique floor plans, off street parking, swimming pool, 24 hour fitness center and
vending room. Some units include skylights and open lofts.
GOLDEN DOMES APARTMENT HOMES
Address
1620 South Sixth Street
Milwaukee, WI 53204
Milwaukee County
Property Details
Number of Units
106
List Price
$10,908,828
Realtor
Matthew Whiteside
Marcus & Millichap
13890 Bishop’s Drive Suite 300
Brookfield, WI 53005
WHEDA Contacts
Missy Holcomb
201 W Washington Ave. Ste. 700
PO Box 1728
Madison, WI 53701-1728
(608) 267-7748
[email protected]
Tonya Buchner
201 W Washington Ave. Ste. 700
PO Box 1728
Madison, WI 537801-1728
(608) 266-9598
[email protected]
Description
Golden Domes offers six two-story spacious, newly renovated apartment homes,
conveniently located on the south side of the City of Milwaukee, just off I-94 and
minutes from downtown, and close proximity to the Summerfest grounds. The
property is also located near area schools, parks, restaurants, and the bus line.
The units consist of nine (9) studio units, thirty (30) one bedroom units, fiftyseven (57) two bedroom units and ten (10) three bedroom units. The units are
restricted as follows: two (2) units at 30%, seven (7) units each at 40% and
50% and the remaining ninety (90) units at 60% of the county median income.
Studio units range in size from 494 to 755 square feet; one bedroom units range
in size from 550 to 637 square feet; two bedroom units range in size from 771 to
1,313 square feet; and three bedroom units range in size from 1,100 to 1,372
square feet.
Amenities at Golden Domes include a community room, fitness center, business
center, and heated outdoor pool, as well as in-unit washers and dryers and
heated underground parking.
HILLSIDE WOODS APARTMENT
Address
HILLSIDE WOODS APARTMENTS
3280 HILLSIDE DR
DELAFIELD WI 53018
Property Details
Number of Units
60
List Price
$4,688,3898
Realtor
Benjamin Schmitt
CBRE
777 E Wisconsin Ave Ste 3150
Milwaukee, WI 53202
WHEDA Contacts
Scott Strandberg
201 W Washington Ave. Ste. 700
PO Box 1728
Madison, WI 53701-1728
(414) 267-3237
[email protected]
Tonya Buchner
201 W Washington Ave. Ste. 700
PO Box 1728
Madison, WI 537801-1728
(608) 266-9598
[email protected]
Description
Hillside Woods, a 3 story, 60 unit affordable apartment building for those 55 and
older, is located at 3280 Hillside Drive in Delafield Wisconsin. The building is
located on 3.9429 acres near shopping, Cinema and Home Deport in a wooded
area which is adjacent to a landfill and backs up to single family homes. The
property shares a driveway with Hillside Woods II which is a 60 unit building
which contains 13 restricted income units. The building was placed in service on
May 31, 2000 and is subject to a Land Use Restriction Agreement, whereby 59
units are restricted rent units with one manager unit. One unit each is restricted
at 30%, 4 at 40%, 4 at 50% of the county median income and the balance of
the units (50) are restricted at 60% of the county median income. The twenty
eight one bedroom units range in size from 653 to 770 square feet. The 32 two
bedroom units range in size from 925 to 1,110 square feet. The units have hot
water baseboard heat (included in the rent) along with through the wall AC
units. The building is a smoke free community and cats are allowed.
The building has the following amenities:
Controlled access with private intercom
Elevator
Club room with kitchen
Heated underground parking (33 stalls) at an extra charge
Business Center with internet access
Washer/Dryer hookups in select units
Decks and patios on select units
PORTAGE COMMONS APT HOMES
Address:
555 & 575 Slifer St
Portage WI 53901
Columbia County
Property Details:
Units:
List Price:
46
$3,736,289.00
Realtor:
Matthew Whiteside, Marcus &
Millichap
262-364-1936
[email protected]
13890 Bishops Dr #300
Brookfield WI 53005
WHEDA Contact:
Carmen Nordness
608-267-0608
[email protected]
201 W Washington Ave Ste 700
PO Box 1728
Madison WI 53701-1728
Tonya Buchner
608-267-9598
[email protected]
201 W Washington Ave Ste 700
PO Box 1728
Madison WI 53701-1728
Description
Portage Commons is a 46-unit mixed-income apartment community located in a beautiful wooded
setting on Portage’s growing northwest side, with nearby connections to Highway 51 / I-39. Portage
Commons is truly country-living in the city. The property is located only minutes from schools, retail
shopping, restaurants, and numerous employers, as well as the lovely Colipp-Worden Park.
The units consist of eight (8) studio units, ten (10) one bedroom units, eighteen (18) two bedroom
units, and ten (10) three bedroom units, all of which include private entryways. The studio units are
restricted as follows: one (1) unit at 30%, one (1) unit at 40%, five (5) units at 50%, and one (1) unit at
60% of the county median income. The remaining one, two, and three bedroom units are restricted
at 60% of the county median income.
The studio units range in size from 462 to 633 square feet; the one bedroom units are 750 square
feet; the two bedroom units are 939 square feet; and the three bedroom units are 1,160 square feet.
Amenities at Portage Commons include all appliances (stove, refrigerator, dishwasher, and garbage
disposal), full size in-unit washers and dryers, balconies, private storage areas, off street surface
parking, fitness center, and business center. Residents are responsible for their own heat and
electricity for cooking, lighting, and air conditioning.
HISTORIC OLSON BLDG LOFT APTS
Address
134 Main Street
Racine, WI 53403-0000
Racine County
Property Details
Number of Units
78
List Price
$9,345,182
Realtor
Mathew Whiteside
262-364-1936
[email protected]
Contact Information:
John Unertl
Compliance Officer
WHEDA
608-266-2607
[email protected]
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Tonya Buchner
WHEDA
608-267-9598
[email protected]
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Description
Belle Harbor Lofts is a 78-unit apartment community located on historic Main Street in downtown
Racine. The property sits among shops and restaurants, and is just steps away from the marina, and
within walking distance to the bus line,
The units consist of thirty-one (31) one bedroom units, thirty-seven (37) two bedroom units, and ten
(10) three bedroom units. One unit each is restricted at 30%, 40%, and 50% of the county median
income. ln addition, sixty-two (62) units are at 60% of the county median income, and nineteen (19)
units are at market rate. One bedroom units range in size from 557 to 814 square feet; two bedroom
units range in size from 718 to 947 square feet; and three bedroom units range in size from 1,155 to
1,193 square feet.
Amenities at Belle Harbor include a fitness center, theater room, putting green, and green space with
picnic area. Units include in-unit washer and dryer, central air conditioning, resident unit storage, and
underground parking. Harbor views are available in select units,
THE NEW MEADOW VIEW APARTMENTS LLC
(AKA Cudahy Commons)
Address
2606-3010 E Edgerton &
5065-5085 S Nicholson
Cudahy, WI 53110
Milwaukee County
Property Details
Number of Units
142
List Price
$15,718,881
Realtor
Matthew Whiteside
Marcus & Millichap
13890 Bishop’s Drive Suite 300
Brookfield, WI 53005
262-364-1930
[email protected]
WHEDA Contacts
Missy Holcomb
201 W Washington Ave. Ste. 700
PO Box 1728
Madison, WI 53701-1728
(608) 267-7748
[email protected]
Tonya Buchner
201 W Washington Ave. Ste. 700
PO Box 1728
Madison, WI 537801-1728
(608) 266-9598
[email protected]
Description
Cudahy Commons is a 142-unit apartment community located near downtown
Milwaukee, and only blocks from I-794. The property is conveniently located
near public transportation, day care centers, city parks, restaurants, financial
institutions, shopping malls, and many other conveniences.
The community consists of 18 two-story buildings with an overall total of 24 onebedroom units, and 118 two-bedroom units. All units are restricted at 60% of
the county medium income. The one-bedroom units average 480 square feet in
size, and the two-bedroom units average 963 square feet.
Amenities include all appliances (stove, refrigerator, dishwasher, and garbage
disposal), dine-in kitchens, in-unit washers and dryers, electric baseboard heat,
wall air conditioning units, and private storage lockers. There are private
entrances in select units. Common areas include a clubhouse with a resident
lounge, fitness center, business center, and a swimming pool. Public
transportation is within walking distance.
DELTON COMMONS aka FOREST RIDGE APARTMENTS
Address
1197 Bunker Dr
Lake Delton WI 53940
Property Details
Number of Units
56
List Price
$4,688,137
Property Contacts:
Broker:
Matthew Whiteside
Marcus & Millichap
13890 Bishops Dr #300
Brookfield WI 53005
262-364-1930
Owner:
Joyce Wuetrich
608-835-3066
WHEDA Contacts:
Barb Mundt
Compliance Officer
WHEDA
608-266-0730
[email protected]
Tonya Buchner,
Compliance Manager,
WHEDA
608-267-9598
[email protected]
201 W. Washington Ave.
Suite 700
P. O. Box 1728
Madison, WI 53701-1728
Description
Forest Ridge Apartment Homes are located in beautiful Lake Delton, Wisconsin, Just
minutes away from downtown Wisconsin Dells. Built in a quiet country setting with
only a short drive to shopping and restaurants, the property lies one-quarter mile
north of Interstate Highway 90/94.
The units consist of eight (8) studio units, ten (10) one bedroom units, twenty-two
(22) two bedroom units, and sixteen (16) three bedroom units, all of which include
private entryways. The units are restricted as follows: one (1) unit at 30%, four
(4) units each at 40% and 50%, and the remaining forty-seven (47) units are 60%
of the county median income. Studio units range in size from 470 to 486 square
feet; one bedroom units range in size from 692 to 701 square feet; two bedroom
units range in size from 936 to 971 square feet; and three bedroom units range in
size from 1,273 to 1,320 square feet.
Amenities at Forest Ridge include private entries, balconies, coin-operated laundry,
in-unit storage, and a beautiful wooded setting.