Se Connecter/S’inscrire
Votre courriel a été envoyé.
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Large floorplans
- Major capex completed - New roofs, new furnaces, refinished parking lot
- Private entrances, forced air furnace with central AC
- LIHTC Property - through initial compliance period - in extended use period
- In-unit washer & dryer, walk-in closets
- En-suite master bath
Résumé de l'annonce
GREA is pleased to present the exclusive offering of Kalamazoo Village Apartments, a 24-unit LIHTC community located in Kalamazoo, Michigan. The property features a desirable unit mix of two- and three-bedroom floorplans, with all units offering two full bathrooms, private entrances, in-unit washer and dryer, central air conditioning, and carport parking.
Originally placed in service in 2005, Kalamazoo Village Apartments has satisfied its initial compliance period and is currently operating within the extended use period. While affordability restrictions remain in place, in-place rents are approximately $100 below current maximum LIHTC limits, providing a clear path for revenue growth through mark-to-market increases as leases renew. Additionally, projected increases to 2026 LIHTC rent limits are expected to further enhance this upside.
Ownership has completed significant capital improvements, including roof replacements, new furnaces, and parking lot upgrades, positioning the asset as a stabilized, low-maintenance investment. Kalamazoo Village Apartments offers investors a compelling combination of durable cash flow, operational stability, and embedded rental upside. Over the long term, investors may also benefit from the eventual expiration of extended use restrictions, providing additional flexibility and value creation potential.
Originally placed in service in 2005, Kalamazoo Village Apartments has satisfied its initial compliance period and is currently operating within the extended use period. While affordability restrictions remain in place, in-place rents are approximately $100 below current maximum LIHTC limits, providing a clear path for revenue growth through mark-to-market increases as leases renew. Additionally, projected increases to 2026 LIHTC rent limits are expected to further enhance this upside.
Ownership has completed significant capital improvements, including roof replacements, new furnaces, and parking lot upgrades, positioning the asset as a stabilized, low-maintenance investment. Kalamazoo Village Apartments offers investors a compelling combination of durable cash flow, operational stability, and embedded rental upside. Over the long term, investors may also benefit from the eventual expiration of extended use restrictions, providing additional flexibility and value creation potential.
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 1,40 AC |
| Nombre d’unités | 24 | Taille du bâtiment | 30 000 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 92% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction/rénovation | 2005/2019 |
| Classe d’immeuble | B | Ratio de stationnement | 1,33/1 000 pi² |
| Zonage | RM-15 | ||
| Type de vente | Investissement |
| Nombre d’unités | 24 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 1,40 AC |
| Taille du bâtiment | 30 000 pi² |
| Occupation moyenne | 92% |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 2005/2019 |
| Ratio de stationnement | 1,33/1 000 pi² |
| Zonage | RM-15 |
Commodités
Commodités des unités
- Climatisation
- Lave-vaisselle
- Laveuse/Sécheuse
- Cuisine
- Réfrigérateur
- Four
- Électroménagers en acier inoxydable
- Fourchette
- Walk-in
- Accessible aux fauteuils roulants (chambres)
Commodités du site
- Terrain de jeu
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+2 | 12 | - | 1 010 - 1 150 |
| 3+2 | 12 | - | 1 010 - 1 150 |
1 1
Assez practicable à pied
50/100
Exceptionnellement facile d'accès en voiture
90/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 06-34-194-002 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 610 374 $ CAD |
Impôts fonciers
Numéro de lot
06-34-194-002
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
610 374 $ CAD
1 de 11
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
Kalamazoo Village | 3840 S Burdick St
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.



