Location

EXECUTIVE SUMMARY:

BID DEADLINE: September 13, 2023

Southridge Park is a 116-unit multi-family garden-style property located at 1 Warwick Court in Jackson, Michigan. The property consists of 25 predominantly two-story apartment buildings, which were constructed in 1965 and are situated on an 8.14 acre site. All units benefit from a Section 8 contract. This community boasts 24, one-bedroom and one-bath apartments, 32, two-bedroom and one-bath townhomes, and 60 three-bedroom and one-bath townhomes.

maintained this level of performance for many years. The complex has maintained outstanding occupancy in recent years, requiring only minimal management oversight from ownership. Southridge Park represents a well located asset near downtown Jackson, poised for new ownership with a value add mentality.