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Rucham LLC
MILWAUKEE, WI
DEVELOPMENTS THAT CONNECT COMMUNITIES
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Rooted in Milwaukee · Invested in its Future

Milwaukee, Wisconsin · Est. 2021

Building
Communities.
One Property
at a Time.

Rucham LLC owns and manages residential and commercial properties across Milwaukee – creating spaces where small businesses thrive in commercial spaces and families stay in comfortable living in residential units.

Our Properties For Funders & Banking Partners
4
Milwaukee Properties
110
Commercial Occupants
26
Existing + Planned Homes
2
Active Expansion Programs

About Rucham LLC

Rooted in Milwaukee.
Invested in its Future.

Rucham LLC was funded in 2006. It’s real estate operation started with the acquisition of it’s first property at 5757 W Oklahoma Avenue, Milwaukee, WI 53219 in 2021.

Since our first acquisition on N Oklahoma Avenue, we have grown to manage four strategic properties, collectively housing over 100 tenants across commercial, residential, and mixed-use spaces. Each property undergoes rigorous renovations — new HVAC systems, modern lighting, upgraded infrastructure — restoring the buildings to serve local tenants.

We are committed to long-term stewardship of Milwaukee neighborhoods, partnering with community organizations, city programs, and funding bodies like WHEDA to create lasting, affordable opportunities.

Rucham LLC
110+
Commercial Tenants Empowered
Across All Properties

For Funders & Banking Partners

A Stabilized Operating Base With Two Visible Expansion Opportunities

Rucham has built a four-property Milwaukee portfolio through acquisition, renovation, active management and adaptive reuse. Two properties are fully occupied; the remaining assets combine strong current use with defined expansion plans.

109
Commercial Occupants

Across three active commercial assets — a management-provided count.

10 + 16
Residential Base

10 occupied residential units today, with 16 additional units planned.

20–25
Expansion Pipeline

Potential new small-business spaces on the third floor at 4115 N Teutonia.

WHEDA
Public-Sector Leverage

Funding awarded for the Historic Mitchell Street residential development.

Operating figures are management-provided and subject to lender verification.

Our Portfolio

Four Properties.
Countless Opportunities.

Each property is carefully selected, renovated, and managed to serve the evolving needs of Milwaukee businesses and residents.

5757 W Oklahoma Avenue Fully Occupied

Acquired March 2021

Commercial / Service Hub

5757 W Oklahoma Avenue

Milwaukee, WI 53219

41
Commercial Units
100%
Occupied

Rucham's first acquisition and the clearest proof point for the upgrade-and-stabilize model: a fully occupied commercial hub serving 41 community-facing tenants and subtenants.

View Details →
41 Tenants & Subtenants
1202–1212 W Historic Mitchell Street Fully Occupied

Acquired March 2022

Mixed-Use

1202–1212 W Historic Mitchell Street

Milwaukee, WI 53204

4
Commercial Units
10
Residential Units
100%
Occupied

A renovated mixed-use asset combining neighborhood-facing commercial activity on the first floor with occupied residential units above — a more balanced operating profile than a single-purpose property.

View Details →
Mixed-Use · 14 Units
4115 N Teutonia Avenue Expanding

Acquired February 2022

Commercial Campus

4115 N Teutonia Avenue

Former Astronautics headquarters

Milwaukee, WI 53206

64
Commercial Units
100%
Occupied

A stabilized small-business hub — the former Astronautics headquarters — with 64 businesses operating across three fully occupied levels and an actionable third-floor expansion ahead.

Major third-floor rehabilitation planned to accommodate 20–25 additional tenants — converting underused space into income-producing capacity.

View Details →
64 Businesses · 3 Fully Occupied Levels
1125–1135 W Historic Mitchell Street In Development

Acquired February 2023

Mixed-Use Development

1125–1135 W Historic Mitchell Street

Milwaukee, WI 53204

1
Commercial Units
16
Residential Units

An event-hall operator occupies the first floor, maintaining active commercial use while Rucham advances a WHEDA-supported plan to build 16 residential units across the upper floors.

Building 16 residential units across the second and third floors, supported by a WHEDA funding award — adding housing income while preserving first-floor commercial use.

View Details →
16 Units · 2 Upper Floors to Be Developed

Portfolio At A Glance

Stabilized Occupancy, Mixed-Use Income & Near-Term Value Creation

Property Acquired Asset Profile Current Position Next Value Driver
5757 W Oklahoma Ave Mar 2021 Commercial Fully occupied · 41 commercial Maintain stabilized occupancy
1202–1212 W Historic Mitchell St Mar 2022 Mixed-use Fully occupied · 4 commercial + 10 residential Operate renovated mixed-use asset
4115 N Teutonia Ave Feb 2022 Commercial 64 businesses · basement, floors 1–2 full Rehab floor 3 for 20–25 spaces
1125–1135 W Historic Mitchell St Feb 2023 Mixed-use redevelopment Event hall operating on floor 1 . Residential 16 (under construction) Building 16 WHEDA-supported homes

Operating figures are management-provided and subject to lender verification.

Operating Track Record

A Repeatable Acquire–Improve–Occupy Model Since 2021

Mar 2021

5757 W Oklahoma

First acquisition; major HVAC, interior and lighting upgrades.

Feb 2022

4115 N Teutonia

Large commercial hub acquired; ongoing modernization.

Mar 2022

1202–1212 W Mitchell

Mixed-use asset acquired and substantially renovated.

Feb 2023

1125–1135 W Mitchell

Mixed-use redevelopment acquired; housing plan launched.

Disciplined acquisition cadence Visible reinvestment Ability to stabilize occupancy Expansion through adaptive reuse

Value Creation Model

A Repeatable Five-Stage Playbook Converts Underinvested Space Into Occupied, Community-Serving Assets

01

Acquire

Select underused Milwaukee assets with rehabilitation potential.

02

Stabilize

Secure the building, systems and operating environment.

03

Modernize

Upgrade HVAC, lighting, interiors, offices and entrances.

04

Activate

Build tenant ecosystems across commercial and residential uses.

05

Expand

Convert remaining floors and underused areas into productive space.

Funding accelerates the final stage while protecting the stabilized operating base created in stages one through four.

Community Impact

More Than Property Management

Small Business Incubation

Our commercial properties house over 100 small businesses — from hair stylists and tattoo artists to podcasters and counselors — providing affordable, quality space for entrepreneurs to launch and grow.

Residential Affordability

With 10 existing residential units on Historic Mitchell Street and 16 more under construction — backed by WHEDA funding — we are actively expanding access to quality housing in Milwaukee.

Historic Preservation

Our Mitchell Street properties sit on one of Milwaukee's most storied commercial corridors. We invest in renovations that honor the history of these buildings while modernizing them for today's needs.

Infrastructure Investment

Every acquisition is followed by deep capital investment — new HVAC, LED lighting, updated offices, and structural improvements — ensuring the buildings serve tenants and the surrounding community.

Portfolio Impact

Current Operations Support 109 Commercial Occupants — The Pipeline Adds Housing & Business Capacity

  • Occupancy depth: A broad commercial base reduces reliance on a single tenant.
  • Visible demand: Existing levels at Teutonia are fully occupied before the third-floor expansion.
  • Housing creation: Sixteen planned homes expand the portfolio's residential contribution.
  • Local multiplier: Service businesses and neighborhood uses reinforce community relevance.
Commercial Occupants / Spaces 110 current · +23 planned
Residential Units 10 current · +16 planned

Commercial planned capacity uses the midpoint (23) of management's 20–25 estimate.

Capital Deployment Priorities

Incremental Capital Can Accelerate Two Defined Expansion Programs — Without Changing the Portfolio Strategy

Commercial Expansion

4115 N Teutonia Avenue

Rehabilitate the third floor to create 20–25 additional small-business spaces.

  • · Core construction and code-compliance work
  • · MEP / HVAC extensions and lighting
  • · Tenant-ready office and service spaces
  • · Construction contingency and lease-up reserves

Value objective — Convert underused floor area into recurring occupancy

Residential Development

1125–1135 W Historic Mitchell

Build 16 residential units across the second and third floors, supported by a WHEDA funding award.

  • · Residential construction and interior fit-out
  • · Building systems and life-safety upgrades
  • · Professional, permitting and inspection costs
  • · Funding-gap, contingency and stabilization reserves

Value objective — Add housing income while preserving first-floor commercial use

Partnering With Rucham

A Disciplined Process Aligns Debt Structure to Stabilized Cash Flow and Construction Milestones

1

Data Room

Deliver financial, legal, property and construction schedules.

2

Structure

Size debt against collateral, cash flow and eligible project costs.

3

Diligence

Complete appraisal, environmental, title and sponsor review.

4

Close & Monitor

Set draws, covenants, reporting and stabilization milestones.

Key terms to determine: facility size · LTV · DSCR · amortization · recourse · draw mechanics · covenants

Ready to Advance a Structured Capital Discussion?

Whether you are a small business owner looking for office space, a resident seeking housing, or a lender evaluating the portfolio, Rucham LLC has a place for you at the table.

Get In Touch

Contact Us

Let's Start a Conversation

Interested in leasing space at one of our properties, learning about development opportunities, or connecting with our team? We would love to hear from you.

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Location
Milwaukee, Wisconsin
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