Birchwood Pointe
1500 Wood Pointe Ln, Midland, MI 48642
154
Units
1992 & 2003
Built
Property Description
Nestled in the serene setting of Midland, Michigan, Birchwood Pointe Apartments offers a welcoming community with 154 units spread across 26 two-story buildings, with 130 units constructed in 1992 and an additional 24 units constructed in 2003.
Each apartment features a private entrance, ensuring a sense of individuality and privacy. Residents enjoy modern conveniences with fully equipped kitchens and washer/dryer connections. The attached garage adds an extra layer of convenience, while the patio or balcony provides a personal outdoor retreat.
The community is rich in amenities, including a refreshing year-round indoor swimming pool and spa/hot tub, and a well-equipped fitness center. An outdoor lounge offers a perfect space for relaxation and socializing.
Birchwood Pointe Apartments combines comfort and convenience, making it an ideal choice for those seeking a peaceful yet vibrant living environment.
investment summary
1500 Wood Pointe Ln, Midland, MI 48642
- Buildings:
- Stories:
- Site Size / Acreage:
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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.
Amenities
Community Amenities
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Central Air Conditioning
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Private Entrance
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Fully Equipped Kitchen
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Washer / Dryer Connections
- Patio / Balcony
- Attached Garage
- Indoor Swimming Pool
- Indoor Spa / Hot Tub
- Fitness Center
- Outdoor Lounge
THE LOCATION
PHOTO GALLERY
CONTACT
Office & Contact Info
Detroit Office
260 East Brown Street, STE 150
Birmingham, MI 48009
Phone: 248.646.7701
Berkadia.com
Investment Sales
Rick L. Vidrio
Managing Director
248.341.3325
[email protected]
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]
1500 Wood Pointe Ln, Midland, MI 48642
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