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Student Housing Property
New
For Sale
$585,000

329 Catherine St, Ann Arbor, MI 48104

Occupied student housing asset with a lease extending through August 25, 2027.

Property Size1,432 SF
Price / SF$408.52
Days on Market6

Property Features for 329 Catherine St

General Information

Standard status Active
Size 1,432 SF
Property subtype Multifamily
Occupancy 100%

Building Details

Tenancy Single
Listing Agency: Detroit
Listed By: Ryan Ferris · License #6504431340
Source: Colliers
Added: Sep 15 Last Checked: Sep 20 at 5:16AM

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 Detroit

Investment Insights

Based on property information with market context.

Located at 329 Catherine St in Ann Arbor, this 1,432-square-foot multifamily property is configured for student housing. The asset is 100% occupied, with a lease in place through August 25, 2027.

Key Highlights

  • 1,432 SF student housing property
  • 100% occupied
  • Lease in place through August 25, 2027

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Electrical Service HVAC Service Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pet Store

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,238
Businesses Nearby

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Occupied student housing asset with a lease extending through August 25, 2027.
Where is this multifamily property located?
The property is located at 329 Catherine St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 1,432 SF student housing property; 100% occupied; Lease in place through August 25, 2027
More about this property
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