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Iliad Apartments 416 Perrin St 25 Unité Immeuble d’appartements 2 783 400 $ CAD (111 336 $ CAD/Unité) Ypsilanti, MI 48197
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Faits saillants de l'investissement
- Located across the street from Eastern Michigan University
- Option for new owner to complete the project to suit their targeted tenant base
- Increasing quality of life as Ypsilanti continues to grow and develop
- Diverse existing unit mix of studio, one, two, and three bedroom floorplans
- Several large employers in the immediate area
- Close proximity to major expressways
Résumé de l'annonce
Global Real Estate Advisors ("GREA"), as exclusive advisor, is pleased to present the opportunity to acquire Perrin Apartments, a 25-unit multifamily asset with on-site leasing office located in Ypsilanti, Michigan, situated within one mile of Eastern Michigan University's main campus in the heart of Washtenaw County's Ann Arbor-Ypsilanti metropolitan area.
The Property is currently vacant and being offered in its current condition with the majority of units down to the studs, presenting a blank-canvas renovation opportunity for an investor seeking to control finish quality, unit configuration, and lease-up strategy from the ground up. A select number of units remain in semi-finished condition featuring luxury vinyl tile flooring and some appliances. The building is equipped with boiler heating and includes dedicated tenant parking behind the building as well as an on-site leasing office to support operational efficiency and lease-up. The Property's immediate proximity to Eastern Michigan University — with enrollment of approximately 16,000 to 18,000 students and over 2,800 faculty and staff — offers the incoming investor flexibility to target EMU's student and graduate student population or market-rate workforce housing serving the broader Ypsilanti and Ann Arbor employment base, tailoring finishes and pricing to the highest-yielding tenant profile.
The Property is currently vacant and being offered in its current condition with the majority of units down to the studs, presenting a blank-canvas renovation opportunity for an investor seeking to control finish quality, unit configuration, and lease-up strategy from the ground up. A select number of units remain in semi-finished condition featuring luxury vinyl tile flooring and some appliances. The building is equipped with boiler heating and includes dedicated tenant parking behind the building as well as an on-site leasing office to support operational efficiency and lease-up. The Property's immediate proximity to Eastern Michigan University — with enrollment of approximately 16,000 to 18,000 students and over 2,800 faculty and staff — offers the incoming investor flexibility to target EMU's student and graduate student population or market-rate workforce housing serving the broader Ypsilanti and Ann Arbor employment base, tailoring finishes and pricing to the highest-yielding tenant profile.
Faits sur la propriété
| Prix | 2 783 400 $ CAD | Classe d’immeuble | C |
| Prix par unité | 111 336 $ CAD | Taille du lot | 0,69 AC |
| Type de vente | Investissement | Taille du bâtiment | 25 623 pi² |
| Nombre d’unités | 25 | Occupation moyenne | 100% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 3 |
| Sous-type de propriété | Appartement | Année de construction | 1974 |
| Style d’appartement | De faible hauteur | Ratio de stationnement | 0,78/1 000 pi² |
| Zonage | R-4 - Multifamily | ||
| Prix | 2 783 400 $ CAD |
| Prix par unité | 111 336 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 25 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,69 AC |
| Taille du bâtiment | 25 623 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 3 |
| Année de construction | 1974 |
| Ratio de stationnement | 0,78/1 000 pi² |
| Zonage | R-4 - Multifamily |
Commodités
Commodités des unités
- Prêt pour le câble
- Micro-ondes
- Chauffage
- Cuisine
- Planchers de bois franc
- Réfrigérateur
- Four
- Wi-Fi
Commodités du site
- Unités meublées disponibles
- Wi-Fi
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 2 | - | 500 |
| 1+1 | 5 | - | 500 |
| 2+1 | 8 | - | 600 |
| 3+1 | 10 | - | 1 000 |
1 1
Moyennement praticable à pied
60/100
Moyennement facile d’accès en voiture
70/100
Transports en commun relativement accessibles
40/100
Moyennement praticable en vélo
70/100
Impôts fonciers
| Numéro de lot | 11-40-113-005 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 1 419 395 $ CAD |
Impôts fonciers
Numéro de lot
11-40-113-005
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 419 395 $ CAD
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Présenté par
Iliad Apartments | 416 Perrin St
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