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8150 E Michigan Ave
Galesburg, MI 49053
Birchwood Apartments · Multifamily Property For Sale · 22 Units
PROPERTY FACTS
No. Units | 22 | Lot Size | 9.21 AC |
Property Type | Multifamily | Building Size | 16,192 SF |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built/Renovated | 1974/2016 |
Building Class | C | Parking Ratio | 1.24/1,000 SF |
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
Parcel Number | 07-22-105-040 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $378,400 |
PROPERTY TAXES
zoning
Zoning Code | Commercial (Commercial district zone) |
Commercial (Commercial district zone) |
Learn More About Investing in Apartment Buildings
Listing ID: 11612574
Date on Market: 2/15/2018
Last Updated:
Address: 8150 E Michigan Ave, Galesburg, MI 49053
The Multifamily Property at 8150 E Michigan Ave, Galesburg, MI 49053 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.