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Alpena County, MI Apartment Buildings for Sale

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Rural Multifamily Apartment Portfolio
Updated: Apr 11
Rural Multifamily Apartment Portfolio

200 Long Rapids Plaza, Alpena, MI 49707

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Seven apartment communities totaling 191 units
Properties located in Alpena, Lewiston, Mio, and Prescott, Northern Michigan
Unit counts range from 14 to 44 across the communities
95.2% physical occupancy and 94.2% economic occupancy
Four high‑efficiency boilers and a new roof at Hidden Brook Manor
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130-Unit Apartment Portfolio
Updated: Apr 11
130-Unit Apartment Portfolio

2026 N Bagley St, Alpena, MI 49707

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Three‑property portfolio totaling 130 apartment units
Thunder Bay Apartments includes 88 units; Pine Brook Apartments includes 32 units; Paradise Acres includes 10 units
Thunder Bay and Pine Brook are directly next door and share a sidewalk
Paradise Acres is located 7.2 miles from the neighboring properties
Portfolio occupancy is 96.2%
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