Marcus & Millichap Inc.
04/23/2026 | Press release | Distributed by Public on 04/23/2026 15:26
Marcus & Millichap Arranges Sale of 136-Unit Multifamily Property in Kenosha, Wis.
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Marcus & Millichap Arranges Sale of 136-Unit Multifamily Property in Kenosha, Wis.
April 23, 2026
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KENOSHA, Wis., April 23, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Meadowood Apartments, a 136-unit multifamily property located in Kenosha, Wisconsin.
"Buyer interest in Meadowood Apartments was strong, generating more than 40 property tours and 25 offers, which created a highly competitive process," said Ryan D. Engle, senior managing director investments. "The transaction was straightforward and completed as an all-cash purchase. The sale is consistent with recent multifamily activity in the Kenosha and broader Southeast Wisconsin market."
Engle, Andrean Angelov and Jake Lenti, investment specialists in Marcus & Millichap's Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller. Engle and Angelov procured the buyer.
Meadowood Apartments is situated on 14.55 acres at 1361-1411 30th Ave. Built in 1992, 1993 and 1995, the property consists of 17 two-story, eight-unit buildings totaling 140,420 rentable square feet, with 78 two-bedroom and 58 three-bedroom units. The property is located four miles from downtown Kenosha, with access to dining, shopping, the Kenosha Metra station and Simmons Island Beach.
"Buyer interest in Meadowood Apartments was strong, generating more than 40 property tours and 25 offers, which created a highly competitive process," said Ryan D. Engle, senior managing director investments. "The transaction was straightforward and completed as an all-cash purchase. The sale is consistent with recent multifamily activity in the Kenosha and broader Southeast Wisconsin market."
Engle, Andrean Angelov and Jake Lenti, investment specialists in Marcus & Millichap's Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller. Engle and Angelov procured the buyer.
Meadowood Apartments is situated on 14.55 acres at 1361-1411 30th Ave. Built in 1992, 1993 and 1995, the property consists of 17 two-story, eight-unit buildings totaling 140,420 rentable square feet, with 78 two-bedroom and 58 three-bedroom units. The property is located four miles from downtown Kenosha, with access to dining, shopping, the Kenosha Metra station and Simmons Island Beach.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.
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