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February 10, 2025
GRAND CHUTE – Real estate brokerage firm Marcus & Millichap has announced the sale of the 34-unit apartment property Nicolet Townhomes.
“This was an excellent chance to acquire a well-maintained asset with both upside potential due to recent renovations and value-add possibilities,” Matthew Whiteside, senior managing director investments, said. “The Whiteside Group was privileged to manage this transaction and ensure a mutually satisfying outcome for both parties.”
Whiteside, investment specialist in Marcus & Millichap’s Milwaukee office, said he had the exclusive listing to market the property on behalf of the seller, Rhumbline Real Estate Partners, and procured the buyer, Koble Investments.
Located at 1410-1712 S. Nicolet Road in Grand Chute, he said Nicolet Townhomes offers three- and four-bedroom units across 42,650 rentable square feet.
Built in 1987 and recently renovated, Whiteside said the property comprises 17 buildings, each featuring two side-by-side townhome units with attached two-car garages.
