Bid Deadline: Wednesday, September 20, 2023
Flats at West Court was built in 1972 and consists of 9 single-story buildings and a swimming pool, situated on 6.92 acres in Flint Twp off W. Court Rd west of I-75. The property has 99 units consisting of; 69 one-bedroom units, approximately 600 square feet, 29 two-bedroom units, approximately 700 square feet, and 1 three-bedroom unit that is 800 square feet.
Currently, Flats at West Court is operating at 70% physical occupancy. Ownership acquired the property in 2021 and is two-thirds through a value-add rehabilitation. The complex has received 2 new roofs and 5 new boilers, many appliances have been replaced.
Flats at West Court is located on West Court St just west of I-75, which provides easy access to I-69. The complex’s excellent proximity these two major highways provides direct routes to Detroit, Ann Arbor, Lansing, and Saginaw.