Listed by JLL - Milwaukee, Wisconsin
Unpriced
Premier Marquette University Student Housing Portfolio
Details
Property Type Retail, Multifamily
Sub Type Student Housing, Apartment Building
Year Built 1890; 1900
Acreage 0.12 - 0.25
Retail
Marketing description
JLL is pleased to offer this exceptional student housing portfolio opportunity consisting of two strategically positioned properties serving the Marquette University market in Milwaukee, WI. This rare dual-asset acquisition combines an established fraternity property with premium individual student housing, both located within a 0.5-mile radius of campus in the coveted Greek Row and student housing corridors. The portfolio benefits from institutional-quality tenants, recent capital improvements, and operational efficiencies created by the properties' clustered positioning. A truly unique opportunity to secure a dominant market position in Milwaukee's stable university driven investment landscape with proven demand fundamentals.
Investment highlights
- Fully renovated building systems (plumbing, HVAC, electrical)
- Ballroom with Greek letter installation
- Gym equipment (landlord owned)
- Key fob + camera security systems
- 839 N. 11th Street, Milwaukee
- Tenant Responsibilities
- All utilities and operating expenses
- Interior maintenance and annual professional cleaning
- $2M liability insurance coverage
- Garage maintenance
- Landlord Responsibilities
- Structural repairs and building systems maintenance
- Property taxes and insurance
- Key Features
- Multi-story fraternity house
- Recently completed full renovation (2021)
- All new building systems and interior finishes
- Private garage parking (premium rates)
- Professional cleaning requirements maintain property condition
- Established fraternity tenant with renewal options
- Lease Structure Residential
- Security Deposit $8,450
- Lease Commence June 1, 2026
- Rent Commence June 1, 2026
- Primary Term 5 years (expires May 31, 2031)
- Primary Term 5 years (expires May 31, 2031)
- 1119 W. Kilbourn Ave., Milwaukee
- Tenant Responsibilities
- All utilities (electric, gas, water, cable/internet)
- Interior maintenance and cleaning
- Standard residential lease obligations
- Landlord Responsibilities
- Structural maintenance and repairs
- Building systems maintenance
- Property taxes and insurance
- Lease Structure Standard Wisconsin residential lease
- Security Deposit $2,325 (one month’s rent)
- Lease Term June 5, 2026 - May 31, 2027
- Rent Schedule $2,325 ($27,900 annually)
- Property Type Residential apartment
- 827 N. 11th Street, Milwaukee
- Tenant Responsibilities
- Interior maintenance and cleaning
- $2M liability insurance coverage
- Compliance with university and city regulations
- Landlord Responsibilities
- Structural repairs and building systems maintenance
- Property taxes and insurance
- Additional Building Information
- Former Masonic Temple
- Converted to Multi-story fraternity house
- Building was completely gutted and renovated in 2013
- (everything new except flat/concrete tile roof on temple section)
- Lease Structure Residential
- Security Deposit $18,000
- Lease Commence June 1, 2026
- Rent Commence July 1, 2026
- Primary Term 7 years (expires May 31, 2033)
- Renewal Options Two 7-year options (through May 31, 2047)
Listing Contacts
Listed by JLL - Milwaukee, Wisconsin
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