734-812-1724
3345 Military St, Port Huron, MI for Sale
Apartments - FOR SALE
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3345 Military St
Port Huron, MI 48060
Downtown Port Huron


HIGHLIGHTS

  • Stainless Steel Appliances, Private Balcony
  • Common Laundry on Each Floor, Fitness Center, Library
  • Irreplaceable Waterfront Position Providing Direct Views of St. Clair River
  • Carports, Elevator

OVERVIEW

GREA is pleased to present the opportunity to acquire St. Clair Landings, a 90-unit multifamily community located at 3345 Military Street on the shores of the St. Clair River in Port Huron, Michigan. The property currently operates as a 55+ community and features one- and two-bedroom floor plans with desirable layouts and river views, complemented by community amenities including a fitness center, library, elevator, secured keypad entry, carports, and on-site professional management. St. Clair Landings is being offered well below replacement cost, and is a rare opportunity to acquire a waterfront multifamily property in Michigan. Port Huron anchors St. Clair County (population ~160,000) at the US-Canada border, with an economy diversified across healthcare, manufacturing, international logistics, and education. The Blue Water Bridge, North America's busiest commercial truck crossing, drives substantial employment and trade activity, while McLaren Port Huron and Lake Huron Medical Center anchor over 11,000 healthcare jobs countywide. The property's waterfront setting, and structural barriers to new supply create a strong cash flow opportunity with embedded organic growth and meaningful downside protection. Visit our website for more information: https://grea.com/properties/#/st-clair-landings

FOR SALE DETAILS

PRICE

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# OF UNITS

90

CAP RATE

Request Cap Rate

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St. Clair Landings

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1999

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.8 AC

LAND SF

121,968 SF

ZONING

A2

APN/PARCEL ID

06-151-0087-000

ASK ABOUT THIS PROPERTY

Colin SoltisGREAMore Info
734-812-1724

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Colin SoltisGREAMore Info
734-812-1724

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.