309
Units
1973 / 1985 /
Repositioned 2025
Built
719
Avg Unit SF
Overview
Sycamore features 309 apartment units in 3 connected buildings built in 1973 and 1985. The 309 apartments are separated into 2 distinctly branded apartment communities:
Sycamore Place: 211 Conventional Market-Rate Units
Sycamore Village: 98 Age-Restricted 55+ Market-Rate Units
COMPLETE REHABILITATION SINCE 2023
Ownership executed a strategic plan to reinvent Sycamore by addressing deferred capital — providing momentum for the next owner to complete a rebranding and value-add repositioning.
INVESTMENT HIGHLIGHTS
RECENT UPGRADES SINCE 2023
Comprehensive capital improvement program — addressing building systems, resident amenities, exterior beautification, unit interior upgrades, and long-term structural integrity.
LEASE-UP
These recent improvements have allowed Ownership to re-lease the property with higher rents through improved management, better maintenance, and physical transformation.
ADDITIONAL VALUE-ADD
Multiple opportunities remain for additional Value-Add improvements to amplify rent growth as Sycamore continues its transformation into the highest quality workforce rental housing property in Northwest Milwaukee.
CAPITALIZE ON PROPERTY-LEVEL & MARKET RENT GROWTH
In addition to the embedded upside associated with the property’s first stabilized Rent Roll turnover — the investment is further supported by Milwaukee’s solid multifamily fundamentals and the strengthening economic environment in Northwest Milwaukee, particularly in connection with the highly anticipated Granville Station development.
Gallery
Contact Us
INVESTMENT SALES
PETE EVANS
Senior Managing Director
847.226.0836
[email protected]
RICHARD EVANS
Senior Director
773.991.3321
[email protected]
Mortgage Banking
JASON BOND
Managing Director
847.997.9783
[email protected]
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