44-unit multifamily community in Owosso consisting of a mix of apartments, condo-style units (no HOA) and townhomes. The property is situated on 8.7 acres across eight buildings and features a two-bedroom-heavy unit mix with units ranging from approximately 700 to 1,366 SF. Current NOI of $289,003 with pro forma NOI of $364,727. Current rents are below market, providing upside through lease-up and rent growth.