415 E Hoover Ave Ann Arbor, MI 48104

Building Details

Year Built

1962

Listing agency Wickfield Properties

Listed by Eric Rudland · License #MI 6501438609

Source Crexi

Added: Jan 30 Updated: Jul 21 at 6:46PM Checked: Jul 21 at 6:46PM

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Investment Insights

Based on property information with market context.

Offered for sale, this fully occupied student housing multifamily property features 14 units totaling 28 bedrooms. The building is purpose-built to support consistent demand from the University of Michigan student population, with a unit mix and bedroom count intended to align with student renters.

The property is located just steps from the University of Michigan campus, and is within walking and biking distance of Central Campus, the University of Michigan Athletic Campus, and downtown Ann Arbor amenities. For buyers seeking an infill housing asset in an area with long-standing demand, the location provides proximity advantages that support steady leasing.

This is a straightforward 14-unit configuration, offering a bedroom-count-driven setup for student housing in a market centered on University of Michigan enrollment.

Key Highlights

• 14‑unit, 28‑bedroom student housing multifamily property built in 1962
• Approximately 6,344 SF purpose‑built for consistent demand from the University of Michigan student population
• Fully occupied student housing investment positioned steps from the University of Michigan campus

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FAQs

What type of property is this?

Apartment building - Fully occupied 14-unit, 28-bedroom multifamily property built for consistent student housing demand near the University of Michigan.

Where is this apartment building located?

The property is located at 415 E Hoover Ave Ann Arbor, MI.

What is the asking price?

The asking price for this property is $5,900,000.

What are key features of this property?

This property features: 14‑unit, 28‑bedroom student housing multifamily property built in 1962; Approximately 6,344 SF purpose‑built for consistent demand from the University of Michigan student population; Fully occupied student housing investment positioned steps from the University of Michigan campus