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625-631 S Forest Ave, Ann Arbor, MI 48104

Three well-maintained apartment properties offer student-oriented housing near the University of Michigan campus with on-site parking.

Property SizeContact for details
Days on Market143

Property Features for 625-631 S Forest Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Asking Price $9,000,000

Building Details

Buildings 3
Listing Agency: Colliers - Ann Arbor, Michigan
Listed By: Jim Chaconas · License #MI 6502358011
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:19AM

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 Colliers - Ann Arbor, Michigan

Investment Insights

Based on property information with market context.

This offering comprises three locally owned apartment properties totaling two parcels, with individual or portfolio acquisition noted in the property information. The buildings are configured for student housing and include a mix of bedrooms, efficiency and apartment units, kitchens, baths, parking, and select balconies. The properties are identified at 1312 Forest Court, 625 S Forest Ave, and 629-631 S Forest Ave, including The Stratford.

The holdings are situated on or near the University of Michigan campus in Ann Arbor. 1312 Forest Court contains approximately 1,415 SF in a two-story building with 6 bedrooms, 2.1 baths, a kitchen, and parking. The building at 625 S Forest Ave contains approximately 2,430 SF across three stories and five units. The Stratford at 629-631 S Forest Ave contains approximately 9,024 SF across three stories, with twelve 2-bedroom units and some balconies.

Key Highlights

  • Three apartment properties offered individually or as a portfolio across 2 parcels
  • Student housing located on or near the University of Michigan campus in Ann Arbor
  • 1312 Forest Court: two‑story +/- 1,415 SF property with 6 bedrooms, 2.1 baths, kitchen, and parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nail Salon Kitchen & Bath Showroom Acupuncture Plumbing Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,444
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

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?
Apartment building - Three well-maintained apartment properties offer student-oriented housing near the University of Michigan campus with on-site parking.
Where is this apartment building located?
The property is located at 625-631 S Forest Ave Ann Arbor, MI.
What are key features of this property?
This property features: Three apartment properties offered individually or as a portfolio across 2 parcels; Student housing located on or near the University of Michigan campus in Ann Arbor; 1312 Forest Court: two‑story +/- 1,415 SF property with 6 bedrooms, 2.1 baths, kitchen, and parking
(734) 994-3100 Call to check price and availability
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