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INVESTMENT HIGHLIGHTS
- Immediate Value-Add Through Unit Renovation
- Water Efficiency Savings Opportunity
- Spaces Strong Employment and Transportation Access
- Positive Market Momentum Following EPA Action
- Untapped Income from Garage and Storage
EXECUTIVE SUMMARY
NAI Farbman is pleased to present the Westgate Manor Apartments located in Flint, Michigan. The property is a 130-unit garden-style multifamily community situated on approximately 8.6 acres in a high-barrier workforce housing submarket with nearby access to Interstates 75 and 69. Built in 1975, the property offers 3 floor plans and generous open green space, with significant upside through unit renovations, expense passthroughs, and operational repositioning.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 4.35 AC |
| No. Units | 130 | Building Size | 130,000 SF |
| Property Type | Multifamily | Average Occupancy | 62% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Building Class | C | Parking Ratio | 2.06/1,000 SF |
| Zoning | MF | ||
| Sale Type | Investment |
| No. Units | 130 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.35 AC |
| Building Size | 130,000 SF |
| Average Occupancy | 62% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 2.06/1,000 SF |
| Zoning | MF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Handrails
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Property Manager on Site
- Renters Insurance Program
- Maintenance on site
- Online Services
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PROPERTY TAXES
| Parcel Number | 40-24-351-069 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,542,379 CAD |
PROPERTY TAXES
Parcel Number
40-24-351-069
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,542,379 CAD
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Westgate Manor | 3651 Balfour Ct
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