CBRE Arranges Sale of Bayside Townhomes in Kenosha, Wisconsin
Bayside Townhomes. Photo courtesy of CBRE.
Milwaukee – June 17, 2026 – CBRE has arranged the sale of Bayside Townhomes, a 32-unit multifamily community in Kenosha. Campbell Creek Communities LLC purchased the property from Bayside Townhomes LLC for $7.14 million.
CBRE’s Matson Holbrook, Gretchen Richards and Sean Beuche represented the seller in the transaction.
“We continue to see strong investor demand for 1990s-vintage assets,” said Holbrook. “Bayside’s unique positioning within this submarket, coupled with attractive assumable debt, made this an extremely desirable acquisition target for the buyer.”
“Bayside Townhomes is exactly the kind of asset we seek out, a well-located, value-add community where we can improve fundamentals and deliver strong returns for our investors,” said a representative of Campbell Creek Communities LLC. “We’re excited about this acquisition and look forward to building on what’s already a great property for residents.”
Bayside Townhomes is located at 1523 Sheridan Road, proximate to Carthage College and the Lake Michigan waterfront. The property features three-bedroom floor plans averaging 1,500 square feet.
“We are grateful to the entire team involved in making this transaction a success,” said a representative of Bayside Townhomes LLC. “The professionalism and dedication shown by CBRE’s brokerage team and the buyer throughout this process made for a smooth and collaborative closing. It has been a privilege to have owned and managed Bayside Townhomes and we are confident it is in great hands going forward.”
Unit amenities include private entrances, attached garages, patios and balconies and in-unit washers and dryers. The property was 100% occupied at the time of sale.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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