
Video
Opportunity








Priced Well Below Replacement Cost: Maintain rental pricing advantage over any new product constructed in the market.
Value Add Opportunity: Revenue can be significantly increased by offering a strategic range of unit enhancements at various premium levels. In addition, organic rent growth can be easily achieved by simply burning off loss to lease on existing under-market leases.
Significant Capital Improvements: Well maintained property with significant capital improvements made recently - reduces need for major capital expenses in the future (keep more of your cash flow!)
Tenants Pay Most Utilities: Electric is separately metered on all units. Gas is separately metered on 304 units (3 properties). Tenants reimburse for water/sewer and trash via RUBS on all units
Stabilized portfolio with Significant Upside Potential: Offers investors stable cash flow, along with both rental and operational upside. All assets are under rented, which suggests immediate organic rent growth, plus upside potential through renovation premiums.
Well Diversified Assets: The portfolio is diverse in property size, architecture, unit types, and size, and rent structure. As a result, the properties draw from a wide tenant base and do not compete with each other, thus ensuring financial stability of the portfolio.
The Portfolio




Market Area





Pictures
Kalamazoo Properties Photos
Bayberry Point, California West, Coddington West, University Village & Whitegate
Battle Creek Properties Photos
Redner, Roe, River & River Oaks
Location
Document Center
Contact Us

The Team
Craig Black, CCIM
616.242.1126
Scott M Nurski, MBA
616.242.1106
Get In Touch