411 E 2nd St
Flint, MI 48503
Campus Park Apartments · Multifamily Property For Sale · 42 Units

Regency Apartments are situated at 2nd Street and Caesar Chavez Drive, in the heart of downtown Flint, directly adjacent to both the University of Michigan-Flint campus and their newly built 1st Street Residence Hall (200 yards). Regency is also adjacent to the Flint Farmers Market (Click here for article), and the Michigan State University Medical School building (100 yards). Regency is a well-maintained, solid brick structure with secured, underground parking comprised of 3 studio apartments (427 sq ft) and 39 one-bedroom apartments (650 sq ft). Regency was built in 1966, and has undergone various updates in recent years including plumbing, heating and cooling, as well as significant elevator rehab. The HVAC is outfitted with Landlord-paid gas, hot-water baseboard; landlord-paid water; and separately-metered, tenant-paid electricity. Amenities at the property include a fee-based underground parking garage, elevator, community laundry room and plenty of tenant storage. Regency has been properly maintained by the current ownership over the course of the last ten years and is good structural condition. Flint is the core City of Genesee County, which comprises the entirety of Flint' s Metropolitan statistical area, with a population of 408,408. Flint is very strategically located, with convenient access to several thoroughfares in the area. Several major interstates and highways converge on this region, including I-75, I-475, I-69, M-21 and M-54. This excellent location facilitates commutes and enables convenient access to all of Mid-Michigan and Metro Detroit for residents and businesses alike. After many years of bad news, there is an exciting transformation happening in downtown Flint as local stakeholders, businessman, and institutions have recently undertaken significant investments in properties and infrastructure, gearing efforts to transition the local economy and downtown district into their 21st century vision. The focus is on revitalization of the core of the city, with U of M Flint, Kettering University, and Mott Foundation a few of the major institutional players involved in the new urban plan. This movement is underscored by the 2013 enactment of Imagine Flint Master Plan , the city' s new blueprint and first comprehensive and long-range urban plan in 50 years.