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8150 E Michigan Ave
Galesburg, MI 49053

Birchwood Apartments · Multifamily Property For Sale · 22 Units

PROPERTY FACTS

No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 9.21 AC
Building Size 16,192 SF
No. Stories 2
Year Built/Renovated 1974/2016
Parking Ratio 1.24/1,000 SF

Unit Amenities

  • Cable Ready
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Large Bedrooms

Site Amenities

  • 24 Hour Access
  • Laundry Facilities

About 8150 E Michigan Ave , Galesburg, MI 49053

Birchwood is a California-style complex built in 1974 and consists of 2 buildings. It offers a great unit mix of 6, one-bedroom units with approximately 510 ft.2 of living space and 16 two-bedroom units with approximately 590 ft.2 of living space. The current owners have spent an enormous amount of money since they acquired the property in capital improvements. The balconies have been completely rebuilt, parking lot redone, as well as a switch from well/septic to city water/sewer to name a few. The current owners have also turned a majority of the units. Also notable for investors is the occupancy which is currently at 100% and has maintained levels between 95-100% recently. One reason for that is the location and minimal deferred maintenance at the property. Birchwood is outfitted with landlord-paid hot-water boilers heating and sleeve units for air conditioning. The property is located less than 10 minutes from the heart of downtown Kalamazoo. Due to this exceptional location, it provides tenants with numerous retail, educational, recreational, and entertainment opportunities that are close to home. Birchwood has been well-maintained and this offering represents a turn-key investment for a multifamily investor.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
2+1 16 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-22-105-040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$378,400

zoning

Zoning Code Commercial (Commercial district zone)
Commercial (Commercial district zone)
  • Listing ID: 11612574

  • Date on Market: 2/15/2018

  • Last Updated:

  • Address: 8150 E Michigan Ave, Galesburg, MI 49053

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