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9766 Rose Hill Rd
Berrien Springs, MI 49103
Park Manor Apartments · Multifamily Property For Sale · 97 Units

INVESTMENT HIGHLIGHTS

  • 98.97% Occupied
  • Excellent Overall Condition; New roofs, new siding on 6/9 buildings, approximately 50% of parking lot is new, approximately 80% of units renovated
  • One Building Newly Constructed in 2021 (12 Units)
  • Tenant Paid Heat, Electric, and Water/Sewer (RUBS for Water/Sewer)
  • Attractive Unit Mix: 31 One Bedrooms, 59 Two Bedrooms, and 7 Three Bedrooms
  • Potential to Add an Additional 7-8 Rentable Units

PROPERTY FACTS

No. Units 97
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.80 AC
Building Size 90,351 SF
Average Occupancy 98%
No. Stories 3
Year Built 1971
Zoning R3 - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Property Manager on Site
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 31 - 504
2+1 59 - 658
3+2 7 - 1,088

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-15-0024-0006-18-1
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,394,900
  • Listing ID: 31890944

  • Date on Market: 5/22/2024

  • Last Updated:

  • Address: 9766 Rose Hill Rd, Berrien Springs, MI 49103

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