
Property Description
AVIA Lofts on Victors Way offers a compelling investment opportunity in the vibrant city of Ann Arbor, Michigan. Built in 1984, this property features 114 units designed to cater to a diverse tenant base seeking both comfort and convenience in a prime location.
Each apartment is thoughtfully equipped with high-demand amenities, including central heating and air, fully equipped kitchens with stainless steel appliances, granite countertops, and wood plank flooring. Select units offer additional features such as fireplaces, loft-style bedrooms, and in-unit washers and dryers, enhancing tenant appeal and satisfaction.
AVIA Lofts provides a comprehensive suite of community amenities that support a dynamic lifestyle, including a resort-style swimming pool, 24-hour fitness center, clubhouse with internet café, and BBQ grilling area. The property also offers practical conveniences such as bike storage, controlled access, and a 24-hour laundry facility, ensuring a seamless living experience for residents.
Strategically located just minutes from the University of Michigan and Ann Arbor’s vibrant downtown, AVIA Lofts offers unparalleled access to local coffee shops, craft breweries, dining options, and outdoor adventures along the Huron River. This accessibility makes it an attractive choice for students, professionals, and anyone seeking the best of city living.
The property’s pet-friendly policy and furnished unit options further broaden its appeal, accommodating a wide range of tenant needs and preferences.
Opportunity Highlights
PRIME LOCATION AND ACCESSIBILITY
Avia Lofts on Victors Way is strategically located in Ann Arbor, Michigan, offering unparalleled access to the University of Michigan, downtown amenities, and major transportation routes, making it an attractive choice for students and professionals alike.
MODERN AMENITIES AND DESIGN
Re-imagined in 2024, the property features 114 units with high-demand amenities such as stainless-steel appliances, granite countertops, and wood plank flooring, complemented by community features like a resort-style swimming pool and 24-hour fitness center.
STRONG MARKET POSITIONING
The Ann Arbor apartment market boasts a high occupancy rate of 96.5% and effective rent growth, driven by strong demand from university students and professionals, ensuring stable and lucrative investment opportunities.
Amenities
Community Amenities
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Resort-Style Swimming Pool
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24-Hour Fitness Center
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24-Hour Laundry Facility
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Dog Park
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Clubhouse with Internet Cafe
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BBQ Grilling Area
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Elevator
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Bike Storage
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Controlled Access Community
Unit Amenities
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Central Heating and Air
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Fully Equipped Kitchen
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Stainless Steel Appliances
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Granite Countertops
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Backsplash*
- Wood Plank Flooring
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Fireplace*
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Ceiling Fans
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In-Unit Washer / Dryer*
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Furnished Units Available
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Loft-Style Bedroom*
*In Select Units
THE LOCATION
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Contact Us
Detroit Office
260 East Brown Street, STE 150
Birmingham, MI 48009
Phone: 248.646.7701
Berkadia.com
INVESTMENT SALES
Jason Krug
Senior Managing Director
248.341.3344
[email protected]
Kevin P. Dillon
Senior Managing Director
248.341.3309
[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
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
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