Editor’s note: This story earlier showed a photograph of an apartment building other than Fox Meadows. The photograph has been replaced. WhitewaterWise regrets the error. 

Triad Real Estate Partners announced Monday that they have sold their 72-unit property in Whitewater known as “Fox Meadows Apartments.”

According to information released by Newswires, a press release distribution outlet, at the time of its sale, the property, identified within the release as “two blocks away” from the University of Wisconsin-Whitewater, was 95% occupied.

The release notes that the new buyer “intends on undertaking a major capital improvement project at the property.”

The release identifies the seller as a private investor. The buyer, the release noted, is a large multifamily investment fund based in Milwaukee.

The release states: “The buyer added to their existing portfolio of similar assets in the region as they continue to scale.” The sales price was undisclosed.

The full test of the release is here: https://www.einnews.com/pr_news/648683210/triad-real-estate-partners-announces-sale-of-72-unit-property-in-whitewater-wi.

This story may be updated.