Property Overview
- Address:
- Units
- Built:
- Buildings:
- Stories:
- Site Size / Acreage:
Amenities
- Newly Renovated Apartments
- Furnished Units Available
- Luxury Vinyl Plank Wood Flooring
- White Shaker Style Cabinets
- High-End Countertops
- Modern Finishes
- Community Patio
- Laundry Rooms on Each Level
Investment Highlights
01
Turnkey Asset:
Strategically located fully renovated asset that is poised for long-term success and stable cash flow.
02
Invested Capital Expenditures:
The completed significant upgrades, including replacing appliances, flooring, cabinetry, countertops, HVAC, parking lot, and exterior improvements will be highly attractive to prospective buyers.
03
Ancillary Income Upside:
Recent leasing activity demonstrates an achievable $150 flat fee for cable, water, and electric that can be implemented across the entirety of the property.
04
Attractive Location:
Ideally located in Downtown Bay City, this property is just a block away from the scenic Saginaw River. The area is rich with local entertainment options and a variety of restaurants, making it a vibrant place to live or visit.
05
Low Maintenance Advantage:
The property's smaller scale allows for efficient self-management, enhancing cash flow by reducing operational costs and increasing overall profitability.
06
SBL Financing:
The property's smaller scale makes it an ideal candidate for small bank loans, offering a streamlined entry into multifamily investing. This financing option is attractive to a broad buyer profile, providing accessible terms and manageable investment size.
Location
PHOTO GALLERY
Office & Contact Info
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]
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.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.