Southpointe Square   

224 UNITS | BUILT 1970

22520 West Rd | Woodhaven, MI 

Executive Summary 

Southpointe Square Apartments is a 224-unit multifamily community in Woodhaven, Michigan, offering scale, attainable rents, and a well-established Downriver location with convenient access to I-75, major retail, and regional employment centers. The Property combines a broad-appeal unit mix with practical amenities and a value-oriented positioning that continues to resonate in a market where affordability remains a key driver of renter demand.

The surrounding South Wayne County apartment market tells a compelling story. The submarket reported 97.3% average occupancy in Q2 2026, with $1,236 average effective rent, reflecting 5.4% year-over-year rent growth and 27.5% cumulative growth over the last five years. Market leasing performance has also remained constructive, with 2.7% growth on new leases and 3.9% growth on renewal leases, supporting a stable and healthy leasing environment.

That backdrop is especially meaningful for Southpointe Square, where the appeal is rooted in accessible price points, functional floor plans, and everyday convenience. The economics of renting remain favorable relative to homeownership in the area, with average monthly mortgage payments estimated at approximately $1,700 versus $1,236 in average effective rent, creating an estimated $464 monthly affordability advantage for renters. Combined with limited new supply and a solid surrounding demographic profile, the Property is well positioned within a proven suburban rental corridor.

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  • Property NameSouthpointe Square 
  • Address22520 West Rd | Woodhaven, MI 
  • Units 224 
  • Built 1970 
  • Buildings27
  • Stories2
  • Site Size / Acreage:14.50 Acres 
  • Density: 15.45 Units / Acre
  • SF:173,852 SF 
  • Average SF: 776 SF 
  • Total Parking:400 spaces 

Investment Highlights

Amenities

  • Fully Equipped Kitchen
  • Renovated Units
  • Stainless Steel Appliances*
  • Granite Countertops*
  • Wood-Style Flooring
  • Walk-In Closets
  • Ceiling Fans
  • In-Unit Washer / Dryer*
  • Swimming Pool
  • Clubhouse
  • Onsite Laundry Facilities
  • Picnic Area
  • Playground
  • Basketball Court

*In Select Units

The Asset 

Southpointe Square is a garden-style apartment community built in 1970 and comprised of 224 apartment homes. The Property offers a mix of one- and two-bedroom floor plans ranging from approximately 620 to 1,031 square feet, allowing it to serve a broad renter base that includes single professionals, couples, roommates, and smaller families. The unit mix includes one-bedroom / one-bath residences as well as multiple two-bedroom layouts, including larger formats with an additional half-bath.

The community is designed around practical livability and everyday convenience. Current offerings include spacious floor plans, walk-in closets, renovated units, and a pet-friendly setting, supported by common-area amenities such as a swimming pool, basketball court, sundeck, picnic area, controlled access, planned social activities, on-site laundry, and on-site management. Altogether, the amenity package complements the Property’s suburban setting and supports resident retention within a value-oriented segment of the market.

Property Description 

Southpointe Square Apartments offers a straightforward and highly livable residential experience built around space, functionality, and convenience. The Property’s one- and two-bedroom floor plans provide a practical range of options for a broad cross-section of renters, from residents seeking an efficient one-bedroom layout to households desiring a larger two-bedroom residence with additional flexibility. Unit sizes range from approximately 620 square feet to more than 1,000 square feet, giving the community a level of dimensional variety that compares favorably within its segment of the market.

Inside the residences, Southpointe Square combines classic apartment living with select updates that support current leasing appeal. The homes are designed to emphasize usable space and everyday comfort, with features such as spacious layouts, walk-in closets, and renovated interiors in select units. Rather than competing as a luxury product, the Property offers a more practical value proposition centered on room, function, and affordability, which aligns well with renter demand in the surrounding market.

At the community level, Southpointe Square benefits from an amenity package that supports both convenience and resident experience. Features including a swimming pool, basketball court, sundeck, picnic area, controlled access, on-site laundry, planned social activities, and on-site management contribute to the Property’s appeal as a well-rounded suburban community. These offerings help create a comfortable resident environment while reinforcing leasing competitiveness within the attainable housing segment.

Just as important, the Property’s physical offering aligns well with the market conditions around it. In a submarket characterized by strong occupancy, favorable rent-versus-own economics, and limited recent supply, Southpointe Square is positioned to continue appealing to residents who value accessibility, livability, and convenience. The combination of scale, broad unit appeal, and durable suburban location gives the Property a strong place within the Downriver multifamily landscape.

Market Overview 

Southpointe Square is located in Woodhaven, one of the Downriver area’s most established suburban communities. The Property benefits from proximity to West Road and I-75, placing residents within easy reach of shopping, dining, services, and major commuting routes throughout southern Wayne County and the broader Detroit metro. Nearby retail includes Target, Walmart, Meijer, LA Fitness, and other national tenants that reinforce the area’s day-to-day convenience and support overall resident appeal.

The market story is grounded in stability, affordability, and limited recent supply. South Wayne County continues to post strong occupancy and healthy rent growth, while new competitive deliveries have remained manageable relative to total inventory. At the same time, the affordability spread between renting and owning continues to favor apartment demand, which is particularly important in a market where residents prioritize value, flexibility, and accessibility.

The surrounding trade area also supports the Property’s long-term outlook. Within the three-mile area, median household income is approximately $89,939, projected to grow 17.5% over the next five years to roughly $105,678, while 44% of households earn more than $100,000 annually. The area is also supported by a diverse employment base across healthcare, manufacturing, logistics, and automotive industries, with access to employers throughout Wyandotte, Taylor, Dearborn, Flat Rock, and downtown Detroit.

LOCATION

contact us

Detroit Office 
260 East Brown Street, STE 150 
Birmingham, MI 48009 
Phone: 248.646.7701 
Berkadia.com

Investment Sales

Kevin P. Dillon 
Senior Managing Director 
248.341.3309 
[email protected]

Jason Krug 
Senior Managing Director 
248.341.3344 
[email protected]

Corey Krug
Senior Director
248.341.3338
[email protected]

Rick Brace 
Senior Director 
248.341.3319 
[email protected] 

Conor David 
Director 
614.796.0222 
[email protected] 

EJ Wujek 
Associate Director 
248.341.3316 
[email protected] 

Mortgage Banking

Peter Benedetto 
Senior Managing Director 
248.208.3462 
[email protected] 

Jillian Maki 
Director 
248.208.3465 
[email protected] 

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Southpointe Square   

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