SG 11838 Michigan Detroit Levonia Apartments and Townhomes Complex
Apartment and Townhome Complex in Michigan
On NextCompany since September 8, 2026 (37 days)
MI area
Business overview
This Michigan complex comprises 500 apartments and townhomes on 22 acres. The $54,000,000 asking price includes the business and properties. The listing reports $4,000,000 in cash flow. The renovated properties have high occupancy.
The seller has operated this family-owned complex since 2004. The employee and management count totals 12. The seller offers financing with a negotiable down payment and considers a possible partnership. The seller plans to pursue other investments.
Who is a good fit for this business
- Real estate investors seeking a portfolio of apartments and townhomes with property ownership.
- Buyers seeking seller financing with a negotiable down payment.
Details
- Reason for selling
- Other Investments
- Real estate
- Owned, included in sale
Frequently Asked Questions
The offering includes the business and properties in Michigan. The complex comprises 500 apartments and townhomes across 22 acres.
The seller asks $54,000,000 for the complex. The listing reports $4,000,000 in cash flow.
The seller offers financing with a negotiable down payment. The seller also considers a possible partnership.
The seller has operated the family-owned complex since 2004. The listing reports an employee and management count of 12.