Location

EXECUTIVE SUMMARY:

Bayside Commons Apartments is located at 46021-46051 Jefferson Street, which is north of Anchor Drive and west side of Jefferson Avenue. It is comprised of four garden style buildings, situated on a site containing 1.24 acres. They were built in 1974 & 1976, and are constructed of brick and vinyl with a hi-pitch (asphalt shingles) roof. The property contains a unit mix of eight 600 ft.2 one-bedroom units, & eight 700 ft.2 two–bedroom units. Notable for investors is the excellent LOCATION and condition of this asset. The owners have put over $200,000 of Capital Expenditures into this property such as: New Roofs, New Vinyl Siding, Hallways, Electric Heating System, Waterproofing of Basements and Crawl Spaces, and Painting. They have also updated 7 of the 16 units. The updates consist of: New Granite Counter Tops, New Cupboards, New Flooring, and Updated Bathrooms.

One of the buildings is outfitted with Landlord-paid gas hot-water baseboard heating with through wall a/c units. Three of the buildings are outfitted with Tenant-paid electric baseboard heating with through wall a/c units Tenants pay for the separately-metered electricity.

MEET OUR TEAM

GregoryDCoulter

Founder & Managing Member Michigan

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Jason Gardner

Associate Broker, Michigan

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J.J. Zwada

Associate Broker, Michigan | Managing Broker, Indiana

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A J Beachum

Associate Broker, Michigan | Broker, Ohio

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Bruce Lister

Sales Associate Michigan and Ohio

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John Teringo

Sales Associate Michigan and Ohio

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Joseph Crane

Sales Associate Michigan

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Paul McHugh

Sales Associate Michigan and Ohio

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Matt Seeley

Associate Broker, Michigan | Executive Assistant

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Sales Associate, Michigan | Broker, Indiana

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