54-60 Springview Dr | Battle Creek, MI 49037
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54-60 Springview Dr
Battle Creek, MI 49037
Arbor Hill Apartments · Multifamily Property For Sale · 48 Units
Investment Highlights
- Well-maintained 48-unit, garden-style apartment community sited in Battle Creek, MI.
- Excellent value-add opportunity to acquire a stabilized asset in a market with a 7.4% annual rental increase rate.
- Community amenities include 24-hour emergency maintenance, on-site management, and more.
- Comfortably situated within scenic surroundings accompanied by encircling conveniences and ample parking.
- Neighboring retailers and eateries include Walmart Supercenter, Target, Meijer, McDonald’s, and Wendy’s.
- Hair and beauty salons, fitness centers, gas stations, auto repair shops, parts supply stores, insurance services, and medical clinics are nearby.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Lot Size | 1.86 AC |
| No. Units | 48 | Building Size | 48,192 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 2002 |
| Building Class | B |
| Sale Conditions | Auction Sale |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 1.86 AC |
| Building Size | 48,192 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 2002 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Refrigerator
- Walk-In Closets
- Wi-Fi
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 610 |
| 2+1 | 36 | - | 710 |
| 3+2 | 6 | - | 875 |
PROPERTY TAXES
| Parcel Number | 0136-00-127-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,135,817 |
PROPERTY TAXES
Parcel Number
0136-00-127-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,135,817
zoning
| Zoning Code | T3 |
| T3 |
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