57490 Lyon Center Drive,
New Hudson, MI 48165
QUICK STATS
336,300 SF
SF:
15 Units/acre
Density:
1,106 SF
Average SF:
2
Stories
18
Buildings
2022
Built
304
UNITS
315 Total Spaces
21 Total Detached Garages
Total Parking
$1.84
Rent / SF:
19.62 acres
Site Size / Acreage:
[CEROS OBJECT]
• Air Conditioning
• High Ceilings
• Efficient Appliances
• Fully Equipped Kitchen
• Ceiling Fans
• Electric Thermostat
• Large Closets
• Full-Size Washer / Dryer In Unit
• Attached Garage*
• Patio / Balcony
• Extra Storage
Unit Amenities
• Swimming Pool
• Sundeck
• Spa / Hot Tub
• Fitness Center with Free Weights
• Clubhouse
• Courtyard
• Recreation Room
• Garages
• Recycling
Community Amenities
AMENITIES
*In Select Units
[CEROS OBJECT]
Luxury, convenience, and unique amenities with stylish designer finishes sets The Crossings apart from all other apartment communities in the area of New Hudson, Michigan. The 304-unit, two-story apartment community is located in Lyon Township, in the southeast corner of Oakland County. 19 buildings are situated near an abundance of shopping, restaurants, and parks and recreation with direct access to I-96 and Grand River Ave. For residents looking for a quiet and relaxing setting to call home while still enjoying the exciting amenities and nearby recreational activities to keep them active and social, The Crossings features the best of both worlds.
The Crossings offers spacious one-, two-, and three-bedroom apartments ranging from 827–1,475 square feet with an attractive unit mix comprised of 114 one-bedroom, 152 two-bedroom, and 38 three-bedroom units. The relaxing apartment community contributes to a higher standard of living with luxury resort-style community amenities. Entertainment and activities are plentiful with a resort-style swimming pool with sundeck, spa/hot tub, a 24-hour fully equipped fitness center, a recreation room, and package receiving. The parklike community setting exhibits an exclusive lifestyle with BBQ and picnic areas, an outdoor kitchen and dining space, and an outdoor fireplace lounge and fire pits, perfect for cozy evenings. Each apartment is stylishly appointed with premium materials and finishes. Unit amenities include an in-unit washer and dryer, efficient appliances, high ceilings with ceiling fans, patio / balcony, large closets, and additional storage.
The Crossings is located in close proximity to a shopping mall with over 200 specialty stores and restaurants, a ski resort, and walking/ biking trails. Situated near the shores of Kent Lake, Kensington Metropark is a unit of the Huron-Clinton Metroparks system with an 18-hole golf course, nature center, picnic and beach areas, and several trails, making options for leisure abundant.
Property Description
[CEROS OBJECT]
Institutional Quality Asset:
The Crossings represents a 304-unit, luxury multifamily community located in Lyon Township, a suburb of the highly sought-after Oakland County. The asset is comprised of spacious one-, two-, and three-bedroom apartments averaging 1,106 square feet. Each condo-style home provides a private entrance and ultra-luxurious finishes including Granite Countertops, full size washers / dryers, and soaring cathedral ceilings in select units. attached garage, and soaring cathedral ceilings (select units). The community will attract a top-tier resident profile with employment drivers directly accessible via I-96, I-275, and US-23.
Opportunity Highlights
Strategically Located:
The site’s strategic location with direct access to I-96 and surrounding freeways allows residents access to Ann Arbor (20 mins), Downtown Detroit (45 mins), and strong employment hub cities of Novi (9 mins), Brighton (8 mins), and Farmington Hills (15 mins). Residents heading east on I-96 are a mere 15 minutes from I-275. Interstate 275 in Michigan acts as the north/south bypass for the western suburbs in Metro Detroit. I-275 connects several affluent cities including Northville, Novi, Canton, Plymouth and runs south through Detroit Metro Airport.
Unrivaled Amenities:
The Crossings boasts the market’s premier amenity package, including but not limited to the following:
Sparkling Pool with Sundeck
Spa / Hot Tub
Private Entry Attached Garages
Fitness Center with Free Weights
Clubhouse with Recreation Room
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In-Unit Amenities:
Full-Size Washer / Dryer
Patio or Balcony
Nine-Foot Ceilings
LVT & Granite
Dishwasher and Disposal
Instant Access Internet / Cable
24-Hr Clubhouse with Sports Lounge, 24-Hr Fully Equipped Fitness Center, Amazon Hub Package Lockers, Resort-Style Swimming Pool, and Attached Garages*.
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Lyon Township, Oakland County, MI, Demographic Snapshot:
A quick snapshot of Lyon Township’s demographics provides a window into the quality location of The Crossings.
% Of White-Collar Workers: 76.9%
Median Household Income (3 Miles): $103,632
Median Home Price: $341,448
Average Apt. Submarket Occupancy: 96.3%
Expected Apartment Deliveries in next 12 months (5 Miles): None
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LOCATION
PHOTO GALLERY
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 loan brokerage business in Nevada.
© 2023 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 the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
Rick Brace
Senior Director
248.341.3319
rick.brace@berkadia.com
260 E. Brown Street, Ste 150
Birmingham, MI 48009
Phone: 248.646.7701
Berkadia.com
Mike MCclafferty
Associate Director
215.328.1298
mike.mcclafferty@berkadia.com
Corey Krug
Senior Director
248.341.3338
corey.krug@berkadia.com
Investment Sales
CONTACT Info
Detroit Office
Kevin Dillon
Senior Managing Director
248.341.3309
kevin.dillon@berkadia.com
Charley Henneghan
Director
248.341.3303
charley.henneghan@berkadia.com
Jason Krug
Senior Managing Director
248.341.3344
jason.krug@berkadia.com
Mortgage Bankers
Aaron Moll
Senior Director
248.208.0529
aaron.moll@berkadia.com
Peter Benedetto
Senior Managing Director
248.208.3462
peter.benedetto@berkadia.com
Colin Callaghan
Senior Managing Director
248.208.3470
colin.callaghan@berkadia.com
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57490 Lyon Center Drive,
New Hudson, MI 48165
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