Historical Multifamily Sale Listing - Eagle's Nest Apartments

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Eagle's Nest Apartments

1323 Greenwood Avenue, Kalamazoo, MI 49006

N/A

33 Units | Multifamily

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Eagles Nest

Multifamily Property - Off Market

Price:
N/A
No. Units:
33
Building Size:
32,800 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Additional Sub-types:
Mid/High-Rise
Property Use Type:
Investment
Occupancy:
100%
No. Stories:
2
Year Built:
1966
Listing ID
14581218
Last Updated
over 1 year ago

Highlights

  • Outstanding Location Just West of the Western Michigan University Campus
  • Excellent Unit Mix of (32) 2 BD / 1.5 BA & (1) 1 BD / 1 BA
  • Large, Well Maintained Units
  • Tenants Pay All Utilities

Description

The Eagles Nest Apartments is a 33 unit apartment building located in the Southwest Michigan community of Kalamazoo. The building features an excellent unit mix of (32) 2 BD/1.5 BA and (1) 1 BD/1 BA units. The property has a newer rubber roof (2002) and all utilities are paid by the tenants. As of 4/1/06, the apartments are 100% occupied. This is an outstanding opportunity for an investor to own a historically well-occupied building near a major university that is annually ranked among the nation's top 100 public universities.

The property is an established residency in the West Campus area of Kalamazoo. West Campus is located between Howard Street and Drake Road south off of W. Michigan Avenue in Kalamazoo. Eagles Nest is situated just west of the Western Michigan University campus which has a student body population of 30,000 and is expected to grow over the next 5 years. The property is also conveniently located just a few minutes away from US-131 and I-94. Nearby attractions include shopping, restaurants, schools, and churches.

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Created 4/14/2006