Coming Soon!
Located in Waterloo, Wisconsin (Jefferson County), Drumlin Fields Apartments will consist of 96 new construction, garden-style apartments. Each apartment will feature private direct-entry, private attached garages, in-unit washers and dryers, forced air heating/cooling and private patios/balconies.The units will also feature high-quality interior appointments such as luxury vinyl-plank flooring, stainless steel appliances, upgraded cabinets, and premium plumbing and electrical fixtures. Community amenities will include a playground, and open courtyards with green spaces for a park-like setting.
Drumlin Fields Apartments
To ensure a successful execution, we’ve assembled a highly experienced team including:
Duffek Construction – General Contractor and Project Management
KCB Buildings – Architecture and Design
Kapur and Associates – Civil Engineering
Michael Best & Friedrich – Legal Counsel
This group brings decades of combined experience in multifamily construction.
Drumlin Fields Apartments offers many of the same benefits as our typical value-add deals along with the longer-term stability of newer construction. Here are a few of the deal highlights.
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Provided by the City of Waterloo and distributed as a tax rebate through 2040.
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Drumlin Fields will offer 1-bed, 2-bed, and 3-bedroom units ranging in size from 905–1,530 sq ft. All units will feature attached garages, private direct-entry, in-unit laundry, forced air heating/cooling, stainless steel appliances, and private patios/balconies. A high-end product without the luxury price tag will ensure long-term demand and stability.
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Jefferson County currently has vacancy rates of sub-2% with very limited new supply coming to market. Major employers such as Kikkoman Foods, Nestle Purina, Trek Bicycle and others provide a stable employment base with the potential for expansion. Close proximity to the booming Madison market provides the security and upside of long-term market demand. Nearby Sun Prairie has seen its population expand by over 30% over the last decade!
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Open-book, GMP model provides full transparency and safeguards against cost overruns.
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With all-in construction costs under $150 per square foot ($240k per unit), we can deliver Drumlin Fields Apartments to market at a much lower cost than other new construction product. This further underscores the project's long-term safety and stability.