Black River Flats presents a newly constructed multifamily community in the growing market of Holland, Michigan. This 240-unit property offers modern layouts with contemporary finishes, appealing to today’s residents seeking comfort and convenience. Currently operating at approximately 90% occupancy, the asset delivers immediate income stability while allowing additional upside through lease renewals and utility billing system (RUBs) implementation.
Located just minutes from Downtown Holland, the community provides residents easy access to retail, dining, and employment hubs within the city. The property also benefits from proximity to major roadways, including M-40 and I-196, facilitating connectivity to surrounding regions and supporting long-term rental demand. Each unit is equipped with in-unit washers and dryers, enhancing convenience and marketability.
This offering represents an opportunity to acquire a stabilized yet growing property in a desirable West Michigan location characterized by strong employment sectors, a thriving local economy, and high quality of life indicators. Investors can capitalize on continued population growth and the enduring appeal of modern apartment living in one of Michigan’s most dynamic small-city markets.