Z on Charlotte Apartments

Sold | $4,450,000

Ypsilanti, MI | Units: 24 | Price Per Unit: $185,417 | Listing Agent: Greg Coulter

Location

Executive Summary

This property has 18 three-bedroom and two-bath apartment homes, each measuring 1,200 square feet, and 6 three-bedroom and two-bath apartment homes, each measuring 1,250 square feet. Z on Charlotte Apartments was built in two phases in 2003 & 2005. Currently, Z on Charlotte Apartments is operating at 91.7% physical occupancy. Even more impressive than this asset’s occupancy is the condition of the asset.