Flint, MI - 8.45M

Eagle Ridge Apartments, a 1999-built, condo-style multifamily community located just outside Flint, Michigan. This stabilized asset provides strong in-place cash flow, modern unit features, and additional income from an on-site daycare facility, with the unique advantage of being nearly property tax exempt.

Possible Short-Term Seller Carry w/ 25% down.

Investment Highlights
Strong Cash Flow – Stabilized operations with professional management in place.
Occupancy Growth – Current occupancy at 85%+ with continued upward trend.
Tax Advantage – Property is nearly property tax exempt, boosting net returns.
Daycare Income – On-site 3,600 sq. ft. daycare generating additional $36,000 annually.
Modern Build – 1999 construction with condo-like layouts and desirable amenities.

Unit Mix
2 Bed / 2 Bath – 39 Units – Avg. Rent: $900/month
3 Bed / 2 Bath – 65 Units – Avg. Rent: $1,100/month

In-Unit Amenities
Air Conditioning · Dishwasher · Disposal · Washer/Dryer Hookups · Security System ·
Walk-In Closets · Dining Room · Tub/Shower · Carpet & Vinyl Flooring · Window Coverings

Community Amenities
Controlled Access · Fitness Center · Property Manager On-Site · Storage · Lounge ·
Maintenance On-Site · Sundeck