57-Unit Lakefront Apartment
For Sale
Contact for pricing
6476 Blue Water Dr, Dimondale, MI 48821
Two-story residences include basements, private entrances, laundry equipment, and patio or deck areas.
Property SizeContact for details
Days on Market144
Property Features for 6476 Blue Water Dr
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Global Real Estate Advisors (GREA)
Listed By:
Ken Marketing · License #MI 6505349757
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Global Real Estate Advisors (GREA)
Investment Insights
Based on property information with market context.
This 57-unit apartment community includes two-bedroom floor plans with either two bathrooms or one bathroom. The 47 larger townhomes contain 1,640 SF, while 10 additional units measure 1,104 SF; all have basements, and 40/57 feature finished basement space. Individual entrances, washers and dryers, front patios, and rear decks serve each residence. Construction occurred between 2006-2018.
The community occupies 17.36 acres and includes a private lake, with the property and well site owning most of the lake. Individual gas furnaces and central air conditioning serve the units, with tenants responsible for gas and electric service. A dedicated water well system supplies the property, which connects to city sewer. The address is 6476 Blue Water Dr in Dimondale, Michigan, minutes from Downtown Lansing and the State Capitol.
The community occupies 17.36 acres and includes a private lake, with the property and well site owning most of the lake. Individual gas furnaces and central air conditioning serve the units, with tenants responsible for gas and electric service. A dedicated water well system supplies the property, which connects to city sewer. The address is 6476 Blue Water Dr in Dimondale, Michigan, minutes from Downtown Lansing and the State Capitol.
Key Highlights
- 57‑unit lakefront apartment community on 17.36 acres
- 47 two‑bedroom, two‑bathroom townhomes measure 1,640 SF
- 10 two‑bedroom, one‑bathroom townhomes measure 1,104 SF
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
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Business Placement
Demographics for 48821, MI
5,987
Population
2,591
Households
2.3
Avg Household Size
51
Median Age
36%
College-Educated
97%
High-School Grad
19.9 sq mi
ZIP Area
301
Density / Sq Mi
$103,652
Median Household Income
$57,222
Median Earnings
$1,003
Median Rent
$237,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story residences include basements, private entrances, laundry equipment, and patio or deck areas.
Where is this apartment building located?
The property is located at 6476 Blue Water Dr Dimondale, MI.
What are key features of this property?
This property features: 57‑unit lakefront apartment community on 17.36 acres; 47 two‑bedroom, two‑bathroom townhomes measure 1,640 SF; 10 two‑bedroom, one‑bathroom townhomes measure 1,104 SF
