This community boasts a great unit mix of 20 two-bedroom and one-bath apartment homes with approximately 600 sf and 4 one-bedroom and one-bath units with approximately 650 sf. Oakhurst was built in 1980 with mature trees and landscaping and is located just minutes from some of West Michigan’s largest in employers, Phizer and Stryker. Oakhurst currently boasts a 100% physical occupancy and has maintained high occupancy levels for many years. This is in large part due to the property’s aforementioned location as well as its current physical condition. Current ownership has completed almost $200k in CAPEX to include, roofs, concrete entryways, decks, and unit improvements. IPO has projected a Year-One NOI of $150,516 based on in-place rents and T12 expenses. If rents are raised to current market rent, the Year-Two NOI would be approximately $170K. Oakhurst is located less than 10 miles from the heart of Kalamazoo and is a well stabilized asset ready for a new owner to take it to the next level.