248-394-0000
831 Green Rd, Ypsilanti, MI for Sale
Apartments - FOR SALE
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831 Green Rd
Ypsilanti, MI 48198


OVERVIEW

GREA is pleased to present the exclusive offering of Arbor One West, a 168-unit multifamily investment opportunity located in the highly desirable Ann Arbor/Ypsilanti submarket of Southeast Michigan. Offered as part of a court-appointed receivership sale, Arbor One West presents investors with a rare opportunity to acquire a fully vacant asset with immediate lease-up and repositioning potential in one of Michigan’s strongest rental markets. The property features an attractive mix of one-, two-, and three-bedroom floorplans and offers new ownership the ability to execute a comprehensive business plan f rom day one. Investors will have the opportunity to implement targeted interior and exterior improvements, establish professional on-site management, and lease the community into a market supported by strong renter demand and limited new multifamily supply. Strategically positioned near major regional demand drivers including the University of Michigan, Eastern Michigan University, and the broader Ann Arbor healthcare and technology employment corridor, Arbor One West benefits f rom exceptional long-term market fundamentals. The property’s full vacancy creates a unique opportunity for investors to control the pace and strategy of lease-up while capitalizing on the continued strength of the Ann Arbor/Ypsilanti multifamily market. *Receivership Disclosure* Arbor One West is being offered for sale pursuant to a court-appointed receivership. The Receiver has been authorized to market and sell the property in accordance with applicable court procedures and oversight. The property is being offered **strictly “as-is, where-is,” with all faults**, and **no representations or warranties**, expressed or implied, will be provided by the Receiver, the Court, or any affiliated parties, including but not limited to representations regarding the physical condition of the property, environmental matters, financial information, or compliance with applicable laws. Any prospective purchaser will be required to conduct its own independent due diligence and rely solely on its own inspections, investigations, and analyses. Full offering memorandum available at GREA.com https://grea.com/properties/#/arbor-one-west

FOR SALE DETAILS

PRICE

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# OF UNITS

168

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arbor One West

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

320

LAND DETAILS

LAND ACRES

11.47 AC

LAND SF

499,633 SF

ZONING

SPLIT

APN/PARCEL ID

11-05-100-006

ASK ABOUT THIS PROPERTY

248-394-0000

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248-394-0000

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