136-Unit Apartment
For Sale
Contact for pricing
Pending
3013 Belmar Cir, Lansing, MI 48912
Three stabilized properties offer student and conventional housing near Michigan State University and area freeways.
Property SizeContact for details
Days on Market141
Property Features for 3013 Belmar Cir
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
87 x 1BR, 47 x 2BR, 1 x 3BR
Multifamily Units
136
Additional Details
Highway Access
Yes
Listing Agency:
Berkadia Commercial Mortgage Southfield
Listed By:
Michael McClafferty · License #Michigan, 6501421721
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 8:48AM
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 Berkadia Commercial Mortgage Southfield
Investment Insights
Based on property information with market context.
The Lansing 3 apartment portfolio brings together Highland, MadGrey, and Walden Woods for a combined 136 units. The properties include both student and conventional housing, with average unit sizes ranging from 533 SF to 747 SF across the three assets. Highland contains 58 units, MadGrey has 48 units, and Walden Woods includes 30 units.
The properties are positioned near Michigan State University and the surrounding freeway network, supporting access for residents connected to the university and nearby major employers and institutions. The portfolio is located in the Lansing market and includes a mix of one- and two-bedroom apartments, with three-bedroom inventory identified at Highland.
The properties are positioned near Michigan State University and the surrounding freeway network, supporting access for residents connected to the university and nearby major employers and institutions. The portfolio is located in the Lansing market and includes a mix of one- and two-bedroom apartments, with three-bedroom inventory identified at Highland.
Key Highlights
- 136‑unit portfolio comprising Highland, MadGrey, and Walden Woods
- Three stabilized apartment assets serving student and conventional residents
- MadGrey includes 48 units averaging 747 SF
Property Analytics
Current Use
Lease Details
136
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
Demographics for 48912, MI
17,155
Population
9,064
Households
1.9
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
3,299
Density / Sq Mi
$53,072
Median Household Income
$34,598
Median Earnings
$1,037
Median Rent
$139,900
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 - Three stabilized properties offer student and conventional housing near Michigan State University and area freeways.
Where is this apartment building located?
The property is located at 3013 Belmar Cir Lansing, MI.
What are key features of this property?
This property features: 136‑unit portfolio comprising Highland, MadGrey, and Walden Woods; Three stabilized apartment assets serving student and conventional residents; MadGrey includes 48 units averaging 747 SF
