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St. Clair Landings 3345 Military St 90 Unit Apartment Building For Sale Port Huron, MI 48060

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Investment Highlights

Stainless Steel Appliances, Private Balcony
Irreplaceable Waterfront Position Providing Direct Views of St. Clair River

Common Laundry on Each Floor, Fitness Center, Library
Carports, Elevator

Executive Summary

GREA is pleased to present the opportunity to acquire St. Clair Landings, a 90-unit multifamily community located at 3345 Military Street on the shores of the St. Clair River in Port Huron, Michigan. The property currently operates as a 55+ community and features one- and two-bedroom floor plans with desirable layouts and river views, complemented by community amenities including a fitness center, library, elevator, secured keypad entry, carports, and on-site professional management. St. Clair Landings is being offered well below replacement cost, and is a rare opportunity to acquire a waterfront multifamily property in Michigan.
Port Huron anchors St. Clair County (population ~160,000) at the US-Canada border, with an economy diversified across healthcare, manufacturing, international logistics, and education. The Blue Water Bridge, North America's busiest commercial truck crossing, drives substantial employment and trade activity, while McLaren Port Huron and Lake Huron Medical Center anchor over 11,000 healthcare jobs countywide. The property's waterfront setting, and structural barriers to new supply create a strong cash flow opportunity with embedded organic growth and meaningful downside protection.
Visit our website for more information: https://grea.com/properties/#/st-clair-landings

St-Clair-Landings-FLYER

Property Facts

Sale Type	Investment	Building Size	72,000 SF
No. Units	90	Average Occupancy	88%
Property Type	Multifamily	No. Stories	4
Property Subtype	Apartment	Year Built	1999
Apartment Style	Mid-Rise	Parking Ratio	1.04/1,000 SF
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	2.80 AC
Zoning	A2

Sale Type	Investment
No. Units	90
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid-Rise
Building Class	B
Lot Size	2.80 AC
Building Size	72,000 SF
Average Occupancy	88%
No. Stories	4
Year Built	1999
Parking Ratio	1.04/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	A2