Investment Highlights

• Institutional Quality & Stabilized Asset

  154-unit, garden-style community with 130 built in 1992 and 24 units built in 2003, offering large average unit sizes (1,103 SF) and modern construction with condo-style finishes and amenities.

• Superior Suburban Location in Midland's Premier Corridor

  Located in Midland’s most affluent neighborhood (median HH income: $98,000+ within 1 mile), Birchwood Pointe offers residents direct access to parks, trails, Dow Gardens, the Midland Center for the Arts, and vibrant downtown shopping and dining. The property sits just minutes from major employers (Dow, DuPont, Corteva), MyMichigan Health, and Northwood University.

• Affluent, Educated, and Stable Renter Base

  The area is characterized by high incomes, a highly educated population (up to 54% with a bachelor’s degree or higher), and a white-collar workforce, with 40% of nearby households earning $100k+. This creates durable demand from quality residents.

• Superior Rent Growth Potential

  In-place average rents ($1,373/unit) are below both market rents and the rent vs. own gap, offering immediate revenue upside while remaining affordable compared to the cost of homeownership.

• Stable, High-Demand Market with Barriers to Entry

  Only 36 new market-rate units delivered in 2025 (first in 7 years), and high construction costs limit future supply. Robust demand is further supported by low vacancy, wage growth, and elevated home prices.

• Strong Market & Economic Fundamentals

  Saginaw/Bay City/Midland submarket shows sustained effective rent growth (2.2% YoY; $991 avg rent) and strong demographic trends underpin long-term yield. The submarket consistently posts ~98% occupancy, outpacing national averages and offering reliable income stability.

• Attractive Amenities & Unit Features

  Units feature private entrances, attached garages, washer/dryer connections, patios/balconies. Community amenities include swimming pool, spa, fitness center, and outdoor lounge.