Headwaters Dr | Traverse City, MI 49686
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
Headwaters Dr
Traverse City, MI 49686
The Brigantine · Multifamily Property For Sale · 192 Units
Investment Highlights
- "Shovel Ready" development in the most desirable rental market in Northern Michigan.
- Traverse City, MI MSA - market occupancy rate of 93.2%.
- Delivered free and clear of existing debt.
- Exceptional market metrics.
- Traverse City, MI MSA - rent vs. own wallet share of 30.3% to 47.1%.
PROPERTY FACTS
| No. Units | 192 | Lot Size | 38.57 AC |
| Property Type | Multifamily | Construction Status | Proposed |
| Property Subtype | Apartment | Building Size | 200,628 SF |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | B |
| No. Units | 192 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 38.57 AC |
| Construction Status | Proposed |
| Building Size | 200,628 SF |
| No. Stories | 3 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Pool
- Basketball Court
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 66 | $1,770 | 854 - 964 |
| 2+1 | 18 | $1,734 | 1,020 |
| 2+2 | 96 | $1,902 | 1,119 |
| 3+2 | 12 | $2,063 | 1,375 |
PROPERTY TAXES
| Parcel Number | 03-220-049-50 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $633,200 |
PROPERTY TAXES
Parcel Number
03-220-049-50
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$633,200
zoning
| Zoning Code | MDR (Moderate Density Residential) |
| MDR (Moderate Density Residential) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
