Location

EXECUTIVE SUMMARY:

This complex boasts an attractive mix of 16-one bedroom, one-bath apartment homes with 740 square feet, and  24 two-bedroom, one-bath apartment homes with 920 square feet. Huron River Apartments was built in 1974.

The property is operating at a stabilized level of operations; however, we are of the opinion it is operating below its true potential. Based on our meticulously conducted rent comparable study, it was determined that rents are below market when applying the current street rents.