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|Building Area Net||
|Number of units||270|
JLL is pleased to present Synergy at the Mayfair Collection, a 2019 built 270-unit luxury apartment community in Wauwatosa just 15 minutes from downtown Milwaukee. Synergy offers modern homes with high-end finishes, two outdoor amenity terraces, two indoor dog parks, and in-demand work-from-home and gathering spaces perfect for young professionals.
Located in the best retail district in the metro, Synergy is part of Mayfair Collection which features Whole Foods, Nordstrom Rack, Old Navy, and six restaurants on site, and is down the street from Mayfair Mall. Benefiting from immediate highway access, Synergy residents can quickly commute downtown and to major nearby employers at the Milwaukee Regional Medical Center, the Milwaukee County Research Park, Milwaukee Tool, and GE Healthcare.
Confirming top market demand for it’s urban-suburban synergy, the property is boasting 14% rent growth on new leases and 100% occupancy. This incredible opportunity is available all-cash and comes with a sizable $5M TIF reimbursement.
- Walkable to Whole Foods, Nordstrom Rack, 6 Restaurants On-site at Mayfair Collection & 3-Min Drive to #1 Mall in State
- 5-min Drive to Mega Employers, Milwaukee Regional Medical Center (#2 Hospital) & Milwaukee County Research Park (#2 Largest Research Park in State)
- 10-min to Vibrant Tosa Village
- 15-min Drive to Downtown Milwaukee
- 100% Occupancy (97%+ for Last 15 Mos)
- 14% Trade-Outs on New Leases
- 10% Projected 2022 Submarket Rent Growth
- 99% Avg. 3-Yr Projected Submarket Occupancy
- ~40% Work/Study in Healthcare
- $119,000 Avg. Resident HHI
- 17% Rent-to-Income Ratio
- Exceptionally Designed & Constructed Property of Scale
- Dense "Urban" Suburb Location
- $5M Remaining TIF Reimbursement
- Available Free & Clear