Renovated Apartment
For Sale
Contact for pricing
4482 Joubran Dr, Genesee, MI 48437
Multi-building residential property with renovated units, updated building systems, and landlord-provided water and sewer service.
Property Size29,632 SF
Days on Market141
Property Features for 4482 Joubran Dr
General Information
Standard status
Active
Size
29,632 SF
Net Rentable
27,200 SF
Property subtype
Multifamily
Units
Unit Mix
32 x 1BR/1BA, 8 x 2BR/1BA
Multifamily Units
40
Additional Details
Utilities to Site
Yes
Building Details
Buildings
10
Listing Agency:
Marcus & Millichap - Detroit
Listed By:
Chase Gilewski · License #MI 6501424054
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 6:01PM
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.
Green Acres Apartments is a 40-unit residential property arranged across 10 buildings, offering 27,200 rentable square feet and 29,632 total square feet. The unit mix includes 32 one-bedroom, one-bath residences measuring 625 square feet each, along with eight two-bedroom, one-bath residences measuring 900 square feet each. Approximately 75% of the units have been renovated under current ownership.
Property improvements include roof and gutter replacement completed in 2019, a parking lot renovation completed in 2016, seven boiler replacements, and air-conditioning units installed as needed. The landlord provides water and sewer service. Tenants are responsible for other utilities, while common-area electric and gas support shared washers and dryers. Municipal trash service is paid through yearly taxes. The property is located at 4482 Joubran Dr in Genesee, Michigan.
Property improvements include roof and gutter replacement completed in 2019, a parking lot renovation completed in 2016, seven boiler replacements, and air-conditioning units installed as needed. The landlord provides water and sewer service. Tenants are responsible for other utilities, while common-area electric and gas support shared washers and dryers. Municipal trash service is paid through yearly taxes. The property is located at 4482 Joubran Dr in Genesee, Michigan.
Key Highlights
- 40‑unit apartment property across 10 buildings
- 27,200 rentable square feet and 29,632 total square feet
- Unit mix includes 32 one‑bedroom units and eight two‑bedroom units
Property Analytics
Current Use
Lease Details
40
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 48437, MI
619
Population
273
Households
2.3
Avg Household Size
50
Median Age
3%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
1,032
Density / Sq Mi
$38,553
Median Household Income
$20,592
Median Earnings
$738
Median Rent
$114,200
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 - Multi-building residential property with renovated units, updated building systems, and landlord-provided water and sewer service.
Where is this apartment building located?
The property is located at 4482 Joubran Dr Genesee, MI.
What are key features of this property?
This property features: 40‑unit apartment property across 10 buildings; 27,200 rentable square feet and 29,632 total square feet; Unit mix includes 32 one‑bedroom units and eight two‑bedroom units
