50-Unit Townhome-Style Apartment
For Sale
Contact for pricing
333 CEMETERY RD, Bangor, MI 49013
Purpose-built affordable housing community with oversized two- and three-bedroom layouts in Southwest Michigan.
Property Size56,620 SF
Price / SF$55.72
Days on Market17
Property Features for 333 CEMETERY RD
General Information
Standard status
Active
Size
56,620 SF
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$205,381
Additional Details
Multifamily Units
50
Building Details
Year Built
2004
Buildings
8
Stories
2
Units
50
Listing Agency:
Marcus & Millichap - Detroit
Listed By:
Gordon Navarre · License #6501342679
Source:
Crexi
Added: Aug 17
Changed: Sep 1
Last Checked: Sep 1 at 8:24PM
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 Marcus & Millichap - Detroit
Investment Insights
Based on property information with market context.
This apartment community includes 50 units totaling 56,620 square feet, with oversized two- and three-bedroom townhome-style floor plans averaging approximately 1,132 square feet. Built in 2004, the property is designed as affordable housing and includes eight units identified for potential conversion from 40% and 50% AMI restrictions to 60% AMI restrictions. New roofs are scheduled for completion before closing.
The property is located at 333 Cemetery Road in Bangor, Michigan, within Southwest Michigan. Its unit configuration, townhome-style design, and larger floor plans distinguish it from conventional apartment layouts. The property also has a documented history of strong occupancy and is positioned to continue serving affordable housing demand.
The property is located at 333 Cemetery Road in Bangor, Michigan, within Southwest Michigan. Its unit configuration, townhome-style design, and larger floor plans distinguish it from conventional apartment layouts. The property also has a documented history of strong occupancy and is positioned to continue serving affordable housing demand.
Key Highlights
- 50 apartment units totaling 56,620 square feet
- Oversized two- and three‑bedroom townhome‑style units averaging approximately 1,132 square feet
- Built in 2004 as a purpose‑built affordable housing community
Property Analytics
Property Profile
Current Use
Lease Details
50
Residential units
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 49013, MI
5,175
Population
2,045
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
57.0 sq mi
ZIP Area
91
Density / Sq Mi
$58,264
Median Household Income
$33,589
Median Earnings
$757
Median Rent
$140,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Purpose-built affordable housing community with oversized two- and three-bedroom layouts in Southwest Michigan.
Where is this apartment building located?
The property is located at 333 CEMETERY RD Bangor, MI.
What is the asking price?
The asking price for this property is $3,155,000.
What are key features of this property?
This property features: 50 apartment units totaling 56,620 square feet; Oversized two- and three‑bedroom townhome‑style units averaging approximately 1,132 square feet; Built in 2004 as a purpose‑built affordable housing community
