SOLDMultiFamily
Campbell Creek Communities LLC Acquires Bayside Townhomes Multifamily Community In Kenosha For $7.1M
1523 Sheridan Road
$7,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 24, 2026
AI
The sale involved a multifamily asset located at 1523 Sheridan Road, Kenosha, WI. The property was sold for $7,100,000 and comprises 32 fully occupied units, with an average price per unit of $221,875. The property features three-bedroom layouts averaging 1,500 square feet, and is situated near Carthage College.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $7,100,000
- Address: 1523 Sheridan Road
- Market: Kenosha, WI
- Units: 32
- Price Per Unit: $221,875
- Buyer: Campbell Creek Communities LLC
- Seller: Bayside Townhomes LLC
- Brokers: Matson Holbrook, Gretchen Richards & Sean Beuche - CBRE
CBRE facilitated the transaction, representing the interests of the buyer and seller in this multifamily community sale. The involvement of multiple brokers indicates a coordinated effort to ensure a smooth transaction process between Campbell Creek Communities LLC and Bayside Townhomes LLC.
Players
Sheridan MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93