54-60 Springview Dr | Battle Creek, MI 49037
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54-60 Springview Dr
Battle Creek, MI 49037
Arbor Hill Apartments · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
- Well-maintained 48-unit, garden-style apartment community sited in Battle Creek, MI.
- Excellent value-add opportunity to acquire a stabilized asset in a market with a 7.4% annual rental increase rate.
- Community amenities include 24-hour emergency maintenance, on-site management, and more.
- Comfortably situated within scenic surroundings accompanied by encircling conveniences and ample parking.
- Neighboring retailers and eateries include Walmart Supercenter, Target, Meijer, McDonald’s, and Wendy’s.
- Hair and beauty salons, fitness centers, gas stations, auto repair shops, parts supply stores, insurance services, and medical clinics are nearby.
PROPERTY FACTS
| Sale Condition | Auction Sale | Lot Size | 1.86 AC |
| Type of Ownership | Fee Simple | Building Size | 48,192 SF |
| No. Units | 48 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2002 |
| Apartment Style | Low-Rise | Parcel Number | 0136-00-127-0 |
| Building Class | B | ||
| Zoning | T3 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.86 AC |
| Building Size | 48,192 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 2002 |
| Zoning | T3 |
| Parcel Number | 0136-00-127-0 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Refrigerator
- Walk-In Closets
- Wi-Fi
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 610 |
| 2+1 | 36 | - | 710 |
| 3+2 | 6 | - | 875 |
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