BURLINGTON, WI-The Boardwalk, a 172-unit apartment building, is entering the sales market. Marcus & Millichap is listing the 167,967-square-foot property for $15 million, which equates to $87,209 per unit or $89 per square foot.

“The Boardwalk is a luxury apartment community with a small affordable housing component and exceptional assumable financing in place,” says Matthew Whiteside, VP of investments and director of the National Multi Housing Group for Marcus & Millichap. “The current financing has an extremely favorable interest rate through October 2015.”

The property, located at 232 Bridge St. here, contains one-bedroom, one-bath units and two-bedroom two-bath units, ranging in size from 638 square feet to 1,387 square feet. Each unit has a personal balcony and includes amenities like a full-size washer and dryer, refrigerator, self-cleaning electric range and built in microwave. The facility also has an underground parking garage, two fitness centers and a community room.

Built between 2003 and 2005, the property received the Building of the Year accolade from the Building Owners & Managers Association in Wisconsin for the 200-2005 year.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.