Vacant Multifamily Investment
For Sale
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831 Green Road, Ypsilanti, MI 48198
168-unit multifamily property in Ann Arbor/Ypsilanti submarket.
Property Size168,720 SF
Days on Market106
Property Features for 831 Green Road
General Information
Standard status
Active
Size
168,720 SF
Class
C
Property subtype
Multifamily, Mixed Use
Investment Type
Value Add
Listing Agency:
Global Real Estate Advisors (GREA)
Listed By:
Cary Belovicz · License #MI 6502406329
Source:
Crexi
Added: May 11
Changed: Aug 13
Last Checked: Aug 23 at 8:04AM
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 Global Real Estate Advisors (GREA)
Investment Insights
Based on property information with market context.
Arbor One West is a 168-unit multifamily investment opportunity in the Ann Arbor/Ypsilanti submarket of Southeast Michigan. Offered as part of a court-appointed receivership sale, this property presents investors with the opportunity to acquire a fully vacant asset with immediate lease-up and repositioning potential in one of Michigan’s strongest rental markets. The property features a mix of one-, two-, and three-bedroom floorplans, offering new ownership the ability to execute a business plan. Investors can implement interior and exterior improvements, establish on-site management, and lease the community into a market supported by renter demand and limited multifamily supply. Positioned near the University of Michigan, Eastern Michigan University, and the Ann Arbor healthcare and technology employment corridor, Arbor One West benefits from long-term market fundamentals. The property's full vacancy allows investors to control the pace and strategy of lease-up while capitalizing on the strength of the Ann Arbor/Ypsilanti multifamily market. The property is being offered "as-is, where-is," with all faults, and no representations or warranties will be provided by the Receiver, the Court, or any affiliated parties, including representations regarding the physical condition of the property, environmental matters, financial information, or compliance with applicable laws. The property size is 168720 square feet.
Key Highlights
- Fully vacant 168‑unit multifamily asset offering immediate lease‑up and repositioning potential.
- Located in the highly desirable Ann Arbor/Ypsilanti submarket of Southeast Michigan, a strong rental market.
- Opportunity to implement targeted interior and exterior improvements and establish professional on‑site management.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
Demographics for 48198, MI
40,067
Population
17,379
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
92%
High-School Grad
33.4 sq mi
ZIP Area
1,200
Density / Sq Mi
$63,678
Median Household Income
$36,671
Median Earnings
$1,197
Median Rent
$178,300
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 - 168-unit multifamily property in Ann Arbor/Ypsilanti submarket.
Where is this apartment building located?
The property is located at 831 Green Road Ypsilanti, MI.
What are key features of this property?
This property features: Fully vacant 168‑unit multifamily asset offering immediate lease‑up and repositioning potential.; Located in the highly desirable Ann Arbor/Ypsilanti submarket of Southeast Michigan, a strong rental market.; Opportunity to implement targeted interior and exterior improvements and establish professional on‑site management.
