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12-Unit Townhome Apartment Community
For Sale
Contact for pricing
Pending

16805 Gratiot Rd, Hemlock, MI 48626

Each residence features two bedrooms, air conditioning, and a private patio.

Property SizeContact for details
Days on Market143

Property Features for 16805 Gratiot Rd

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 12 x 2BR
Multifamily Units 12

Amenities

air conditioning
washer/dryer hookups
private patios

Building Details

Year Built 1965
Listing Agency: Global Real Estate Advisors (GREA)
Listed By: Cary Belovicz · License #MI 6502406329
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 9:06AM

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.

Timberwood Townhomes is a 12-unit apartment community consisting entirely of two-bedroom townhome-style residences. Originally built in 1965, the property includes air conditioning, washer and dryer hookups, generous closet space, and a private patio for every unit.

Located at 16805 Gratiot Rd in Hemlock, Michigan, the community offers a consistent residential configuration across all units. The townhome layout and recurring in-unit features provide a uniform operating profile for the property.

Key Highlights

  • 12‑unit apartment community with an all two‑bedroom unit mix
  • Townhome‑style apartment layout across the property
  • Originally constructed in 1965

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Restaurant Spa & Massage Center Nail Salon Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

Demographics for 48626, MI

5,962
Population
2,307
Households
2.6
Avg Household Size
45
Median Age
31%
College-Educated
97%
High-School Grad
65.5 sq mi
ZIP Area
91
Density / Sq Mi
$81,961
Median Household Income
$40,756
Median Earnings
$935
Median Rent
$208,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Each residence features two bedrooms, air conditioning, and a private patio.
Where is this apartment building located?
The property is located at 16805 Gratiot Rd Hemlock, MI.
What are key features of this property?
This property features: 12‑unit apartment community with an all two‑bedroom unit mix; Townhome‑style apartment layout across the property; Originally constructed in 1965
More about this property
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