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1387 30th AveKenosha, WI 53144
Meadowood Apartments
Asset ClassMultifamily
# Units136
Rentable SF: 140,420Cap Rate: 7.78%Call For Offers: 02/05/26Access Data Room
136-Unit Multifamily Property in Kenosha, Wisconsin
overview of deal

Overview

The Engle & Angelov Group of Marcus & Millichap have been selected to exclusively market for sale Meadowood Apartments, a 136-unit multifamily community in Kenosha, Wisconsin. This investment offers an investor the opportunity to acquire a well-maintained asset from a long-term owner with immediate cash flow from day one.

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Investment Highlights

Year Built
1992
AVG SF
1,033
  • Immediate Cash Flow From Day One
  • Long-Term Owner
  • Great Unit Mix Comprised of 78 Two-Bedroom Units and 58 Three-Bedroom Units
  • Total of 17 Two-Story, Eight-Unit Buildings
  • Average Unit Size is Approximately 1,033 Square Feet
  • Average Rent is $1,403
  • Amenities Include: Laundry Facilities on Every Floor, Ample Parking with 273 Parking Spaces Available, Playground and On-Site Maintenance
  • Four Miles to Downtown Kenosha, offering Local Dining and Shopping, the Kenosha Metra Station and Simmons Island Beach
  • Approximately 8 Miles from Major Employers, including Microsoft, and Approximately 13 Miles from Eli Lilly and ULINE
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1387 30th AveKenosha, WI 53144
Near Major Employers: Microsoft, Amazon, Eli Lilly, ULINE, Aurora - Advocate Health and Froedtert South - Kenosha Medical Center
Route 31, Route 32, and Route 195
Kenosha Public Museum, Civil War Museum, Kemper Center and Pritzker Military Museum & Library
Lake Michigan which Features Lakefront Marina, HarborPark and Seasonal Trolleys
University of Wisconsin - Parkside, Carthage College and Gateway Technical College – Kenosha Campus
Bradford High School, Bullen Middle School, and Bose Elementary School
Sam Poerio Park, Petrifying Springs Park, and Hawthorn Hollow Nature Sanctuary and Arboretum
Piggly Wiggly Grocery Store, Pick 'n Save Grocery Store, Sam's Club, Super Walmart, and Subway

Exclusively Listed By

Ryan EngleSenior Managing Director Investments(630) 570-2230ryan.engle@marcusmillichap.com
Andrean AngelovSenior Managing Director Investments

License #: IL 475.152025

8472125328andrean.angelov@marcusmillichap.com
Jake LentiAssociate Investments

License #: IL 475.196215 | WI 97609-94

6305702150jake.lenti@marcusmillichap.com
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