6900 Foxthorn Rd
Canton, MI 48187
Bainbridge Park Apartments · Multifamily Property For Sale · 192 Units

Bainbridge Park residential community represents a unique investment opportunity to acquire 192 rental homes with 162 apartments and 30 fully-rented condominiums. Constructed in 1984, Bainbridge Park was originally developed as 210 elite apartment homes; 48 units were converted to condominiums, of which 18 were sold. 152 units have been renovated achieving significant rental rate increases. 40 units are available for renovations offering additional revenue growth and upside. Rent premiums are listed below.  Rent Premiums Base Rent $870 Upgraded with White Appliances $1091 Upgraded with Black Appliances $1200 Upgraded with Stainless Steel Appliances      $1299 An outstanding location in a strong growth community, Canton, Michigan, with an award-winning school district ensures the long term viability of this premier asset. Bainbridge Park consists of a clubhouse and 26 two-story, garden-style buildings of wood frame construction with brick and vinyl siding exterior and asphalt shingle pitched roofs. Each apartment/condominium has a private entrance, fully equipped kitchen with a dishwasher and disposal, laundry room, central air-conditioning, window blinds, ceiling fans, walk-in closets, and private balconies/patios. Residents are responsible for all gas, electric and water. The community features handsomely renovated building exteriors, a luxuriously furnished clubhouse, spacious fitness center with new exercise equipment, sparkling pool with sundeck, newly asphalted parking lots and beautifully landscaped grounds with a sprinkler system. Bainbridge Park presents options for a new investor to continue the condominium conversion process or maintain the community as apartment homes. Each option presents an outstanding opportunity to acquire this premier asset within one of Michigan's strongest growth communities.