River Ridge Apartments

Available | $11,500,000

Davison, MI | Units: 123 | Price Per Unit: $93,496 | Avg Sq Ft: 802 | GRM: 8.06 | DSC: 1.38 | Year 1 ROI: 5.05% | Listing Agent: Greg Coulter

Location

Executive Summary

River Ridge Apartments are located in Davison Township. This friendly community is within walking distance to shopping, banks, parks, and within a great school district. The complex was built in 1974, has been well-maintained over the years, and has recently replaced four roofs. It contains 123 apartment homes: 57 one-bedroom, one-bath units each measuring 530 sf, 42 two-bedroom, one-bath units each measuring 732-897 sf, and 24 two-bedroom, one-and-a-half-bath townhome units each measuring 1,433 sf.