912-914 Mary St 4 Unit Apartment Building $8,095,638 CAD ($2,023,910 CAD/Unit) 5.29% Cap Rate Ann Arbor, MI 48104

Fully Leased for 2026-27! Brand New 4 Unit University of Michigan student rental property located steps from Central Campus in Ann Arbor. Fully renovated in 2024, the property has a total of 23 Bedrooms & 24 1/2 Bathrooms(each Bedroom with its own Ensuite Bathroom). High End finishes throughout with Stainless Steel Appliances and Granite Countertops to command top of market Rents. Low Maintenance Exterior, and High Efficiency Forced Air Furnace & A/C. Equipped with NFPA 13R Fire Suppression System throughout for superior safety. All Furnishings included in the sale, with In-Unit Washer and Dryer. Beautiful front deck with Trex Decking, and massive 700sq/ft 2nd story rear deck for entertaining. .205 Acre lot with rear parking for 12+ cars. Planned future upzoning of the property would allow a Mixed Use Building up to 70 ft height(60,000+sq/ft) Adjacent to IM Building and new 2300 Bed Dorm.