50-Unit Townhome-Style Apartment
For Sale
$3,155,000
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 Market47
Property Features for 333 Cemetery Rd
General Information
Standard status
Active
Size
56,620 SF
Property subtype
Multifamily
Occupancy
98%
Additional Details
Multifamily Units
50
Amenities
The Community Offers Residents Modern Floor Plans, Ample Living Space, and a Park-Like Setting
The Property's Consists of Newer Construction, New Roofs (to be Completed Prior to Closing), and Large Floor Plans
Spacious, Luxury, Two, and Three Bedroom, One Bath Apartment Homes Include a Variety of Great Amenities
Building Details
Year Built
2004
Units
50
Listing Agency:
Detroit Office
Listed By:
Chris Futo · License #License(s): MI: 6501358300
(248) 415-3012
Source:
Marcusmillichap
Added: Sep 1
Changed: Oct 13
Last Checked: Oct 16 at 5:48AM
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 Detroit Office
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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
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Current Use
Lease Details
50
Residential units
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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
