Location

EXECUTIVE SUMMARY:

Built in 1972 and renovated in 2013, Anchor Bay Apartments has 5 garden-style buildings consisting of 58 units. The property contains a desirable unit mix of 22 one-bedroom units (950 sq.ft.) with a rental rate of $950, and 36 two-bedroom units (1,150 sq.ft.) with a rental rate of $1,050. Notable for investors is the current and historic occupancy, which is currently at 100% and has performed between 95%-100% occupancy for many years. Anchor Bay Apartments is outfitted with a Landlord-paid, hot-water baseboard heating system, and the electricity is separately metered. Amenities at the property include on-site laundry, covered parking and a view of Anchor Bay.

MEET OUR TEAM

Founder | Managing Member, Michigan | Sales Associate, Kentucky

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Partner | Associate Broker, Michigan

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Associate Broker, Michigan | Broker, Ohio

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Associate Broker, Michigan | Managing Broker, Indiana

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Sales Associate, Michigan, Ohio, & Kentucky

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Sales Associate, Michigan

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Sales Associate Michigan | Associate Broker, Ohio | Managing Broker, Kentucky

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Associate Broker, Michigan | Executive Assistant

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Sales Associate, Michigan | Broker, Indiana

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Sales Associate, Michigan & Ohio

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