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8150 E Michigan Ave
Galesburg, MI 49053
Birchwood Apartments · Multifamily Property For Sale
·
22 Units


Investment Highlights
- Attractive Unit Mix — Six One-Bedroom and 16 Two-Bedroom Units Across Two Well-Maintained Buildings
- Diverse Employment Base — Anchored by Bronson Healthcare, Stryker Corporation, Pfizer/Zoetis, and Western Michigan University
- Recent Renovations — Enhanced Long-Term Appeal with Reduced Near-Term Execution Risk
Executive Summary
Marcus & Millichap is pleased to present Birchwood Apartments, a 22-unit multifamily community located at 8150 E. Michigan Avenue in Galesburg, Michigan, within the Kalamazoo MSA. Built in 1974, the property consists of two garden-style buildings situated on an expansive 10-acre wooded parcel and offers a favorable unit mix of six one-bedroom / one-bathroom units and 16 two-bedroom / one-bathroom units. The property features on-site laundry facilities, off-street parking, ample outdoor space, and a straightforward utility structure with tenants responsible for gas and electric.
Current ownership has completed recent interior renovations, enhancing the property’s long-term appeal and reducing near-term execution requirements for an incoming investor. The property’s predominantly two-bedroom unit mix, low-density setting, and substantial wooded grounds distinguish Birchwood from more conventional multifamily communities and position it to appeal to residents seeking additional space in a quiet residential environment.
Birchwood benefits from immediate access to Interstate 94 and is located approximately 10 miles from Kalamazoo, providing convenient connectivity to the Kalamazoo/Battle Creek International Airport, major employment centers, Comstock Public Schools, and nearby recreational amenities such as Chipman Preserve. The Kalamazoo MSA is supported by a diverse economic base spanning healthcare, advanced manufacturing, life sciences, and higher education, with major employers including Bronson Healthcare, Western Michigan University, Stryker Corporation, Pfizer/Zoetis, and Ascension Borgess. Birchwood Apartments presents investors with the opportunity to acquire a well-maintained, income-producing asset in an accessible Southwest Michigan location supported by a broad regional employment base.
Current ownership has completed recent interior renovations, enhancing the property’s long-term appeal and reducing near-term execution requirements for an incoming investor. The property’s predominantly two-bedroom unit mix, low-density setting, and substantial wooded grounds distinguish Birchwood from more conventional multifamily communities and position it to appeal to residents seeking additional space in a quiet residential environment.
Birchwood benefits from immediate access to Interstate 94 and is located approximately 10 miles from Kalamazoo, providing convenient connectivity to the Kalamazoo/Battle Creek International Airport, major employment centers, Comstock Public Schools, and nearby recreational amenities such as Chipman Preserve. The Kalamazoo MSA is supported by a diverse economic base spanning healthcare, advanced manufacturing, life sciences, and higher education, with major employers including Bronson Healthcare, Western Michigan University, Stryker Corporation, Pfizer/Zoetis, and Ascension Borgess. Birchwood Apartments presents investors with the opportunity to acquire a well-maintained, income-producing asset in an accessible Southwest Michigan location supported by a broad regional employment base.
Property Facts
| Price Per Unit | $129,508 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.71% | Lot Size | 10.00 AC |
| Gross Rent Multiplier | 6.34 | Building Size | 17,500 SF |
| No. Units | 22 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1974/2016 |
| Zoning | Commercial - Commercial district zone | ||
| Price Per Unit | $129,508 CAD |
| Sale Type | Investment |
| Cap Rate | 7.71% |
| Gross Rent Multiplier | 6.34 |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.00 AC |
| Building Size | 17,500 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2016 |
| Zoning | Commercial - Commercial district zone |
Amenities
Unit Amenities
- Cable Ready
- Tub/Shower
- Walk-In Closets
- Carpet
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 650 |
| 2+1 | 16 | - | 850 |
Property Taxes
| Parcel Number | 07-22-105-040 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $560,408 CAD |
Property Taxes
Parcel Number
07-22-105-040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$560,408 CAD
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