PrairieWalk at Towne Centre

3755 N Brookfield Rd & 3830 Richland Pkwy, Brookfield, WI 53045
Strategy: Core
Status: Current
Purchase Price: $14,350,000
Acquisition Date: 4/23/2025
Units: 56
Off-Market, Loan Assumption

PrairieWalk at Towne Centre is a Class A property located in the affluent Milwaukee suburb of Brookfield. Consisting of two buildings built in 2015, PrairieWalk comprises 56 total units with large one-bedroom and two-bedroom floor plans.

This acquisition marks Breneman Capital’s entry into the Milwaukee market, with the property being located just miles from our founder Drew Breneman’s hometown.

The property was acquired off-market through a repeat broker and represents an advantageous basis and yield relative to similar trades in the market. The transaction also included a Freddie Mac loan assumption with a 4.42% fixed interest rate and roughly 3 years of remaining term.