Location
Executive Summary
Atrio Apartments consists of an attractive mix of one and two-bedroom units ranging from 600 to 800 ft². Built in 1956 and now catering primarily to graduate student renters, the property operates on a per-unit leasing model and has consistently demonstrated strong performance. Its doorstep proximity to the University of Michigan has supported durable demand and stable operations since delivery.
From an improvements standpoint, 22 of the 28 units have been renovated to include updated kitchens, baths, flooring, and fixtures. In addition to these interior upgrades, ownership has completed numerous capital improvements totaling over $700,000 in recent years, further enhancing the property’s overall condition and long-term durability.
Atrio Apartments is ideally located just west of downtown Ann Arbor, offering residents convenient access to the University of Michigan’s Central Campus, the Medical Campus, and the city’s vibrant downtown core. Positioned along W. Huron Street, the property benefits from strong connectivity and walkability, placing residents within close proximityto academic buildings, major employment centers, and Ann Arbor’s primary retail and dining corridors. This location supports consistent demand from graduate students and young professionals seeking a balance between campus accessibility and a more residential neighborhood setting.