27-Unit Apartment
12513 Church St Birch Run, MI 48415
12513 Church St, Birch Run, MI, 48415
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For Sale
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Twenty-seven units across four two-story buildings with tenant-paid electric utilities and recent window and unit improvements.
Days on Market103
Property Features for 12513 Church St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Hull Multifamily Advisors
Listed by
Austin Hull · License #MI 6502430931
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 6:07PM Checked: Jul 21 at 6:07PM
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Investment Insights
Based on property information with market context.
Alpine Apartments is a 27-unit multifamily asset constructed in 1974 and divided into four separate two-story buildings. Units feature individual entrances and balconies, and the property includes coin-operated washer and dryers. Heating is provided via tenant-paid electric baseboard units, and tenants also pay electric. The owner pays for water, and there is no onsite gas.
The property has undergone several recent capital improvements, including some new windows, updated sliding glass doors, and kitchen renovations in 25 of the 27 units. The asset has been well maintained and has historically operated with near full occupancy with minimal advertising.
Ownership has been in the same family for nearly 20 years. The current average rent is stated as $413, with management noting rents have fallen behind market levels based on a rent comp study referenced in the offering materials.
The property has undergone several recent capital improvements, including some new windows, updated sliding glass doors, and kitchen renovations in 25 of the 27 units. The asset has been well maintained and has historically operated with near full occupancy with minimal advertising.
Ownership has been in the same family for nearly 20 years. The current average rent is stated as $413, with management noting rents have fallen behind market levels based on a rent comp study referenced in the offering materials.
Key Highlights
- 27‑unit multifamily asset in Birch Run, MI, constructed in 1974 and split across 4 separate 2‑story buildings
- Coin‑operated washer and dryers for residents; individual entrances and balconies included
- Tenants pay electric; owner pays for water, and there is no onsite gas
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FAQs
What type of property is this?
Apartment building - Twenty-seven units across four two-story buildings with tenant-paid electric utilities and recent window and unit improvements.
Where is this apartment building located?
The property is located at 12513 Church St Birch Run, MI.
What are key features of this property?
This property features: 27‑unit multifamily asset in Birch Run, MI, constructed in 1974 and split across 4 separate 2‑story buildings; Coin‑operated washer and dryers for residents; individual entrances and balconies included; Tenants pay electric; owner pays for water, and there is no onsite gas
