Investment Overview

Marcus & Millichap is pleased to present Willow Trail Townhomes, a 24-unit townhome community located in Menomonee Falls, Wisconsin. The property consists entirely of spacious three-bedroom, one-and-a-half-bath townhome units average 1,412 square feet. Offering the privacy and functionality of single-family housing with the convenience of rental living. Originally constructed in 1960, the property has undergone a significant renovation program since 2023, with ownership investing more than $1.1 million in capital improvements. To date, 21 of the 24 units have been renovated, with one additional renovation scheduled for completion by the end of September 2026, leaving only two units remaining. Interior renovations include updated cabinetry, flooring, appliances, fixtures, tubs, and contemporary finishes, driving strong rent growth while enhancing resident appeal. Exterior and infrastructure improvements include new windows and window wells, central air conditioning installation, concrete replacement at entries and rear patios, tuckpointing, landscaping and grading improvements, deck and railing replacements, roof-related improvements, and numerous building system upgrades. These investments provide new ownership with a largely renovated asset that offers continued upside through the completion of the remaining unit renovations.