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8150 E Michigan Ave
Galesburg, MI 49053
Birchwood Apartments · Immeuble residentiel Propriété À vendre
·
22 Unités


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Faits saillants de l'investissement
- 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
Résumé de l'annonce
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.
Faits sur la propriété
| Prix par unité | 129 849 $ CAD | Style d’appartement | Jardin |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 7,71% | Taille du lot | 10,00 AC |
| Multiplicateur du loyer brut | 6.34 | Taille du bâtiment | 17 500 pi² |
| Nombre d’unités | 22 | Occupation moyenne | 95% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction/rénovation | 1974/2016 |
| Zonage | Commercial - Zone de district commercial | ||
| Prix par unité | 129 849 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,71% |
| Multiplicateur du loyer brut | 6.34 |
| Nombre d’unités | 22 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 10,00 AC |
| Taille du bâtiment | 17 500 pi² |
| Occupation moyenne | 95% |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1974/2016 |
| Zonage | Commercial - Zone de district commercial |
Commodités
Commodités des unités
- Prêt pour le câble
- Bain/Douche
- Walk-in
- Tapis
- Grandes chambres
Commodités du site
- Accès 24 heures
- Installations de lessive
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 6 | - | 650 |
| 2+1 | 16 | - | 850 |
Impôts fonciers
| Numéro de lot | 07-22-105-040 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 560 408 $ CAD |
Impôts fonciers
Numéro de lot
07-22-105-040
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
560 408 $ CAD
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