Koble Investments has recently acquired Nicolet Townhomes, a 34-unit apartment complex in Grand Chute, Wisconsin. The sale was facilitated by Marcus & Millichap’s senior managing director investments, Matthew Whiteside.
According to Whiteside, the property presented an excellent opportunity for investors due to its recent renovations and potential for further value-add improvements. He also expressed his team’s satisfaction in managing the transaction and ensuring a successful outcome for both parties involved.
Whiteside represented Rhumbline Real Estate Partners as the exclusive listing agent of Nicolet Townhomes while also procuring Koble Investments as the buyer. The property is located at 1410-1712 S. Nicolet Road and offers three- and four-bedroom units spread across 42,650 rentable square feet. It consists of 17 buildings with two side-by-side townhome units each featuring attached two-car garages.
Built in 1987 but recently renovated, this community spans over 4 acres near Interstate 41 and is only two miles away from downtown Appleton.
