Location
PROPERTY:
Alpine South is a well-maintained building with single story walk-up private entrances, spread across a quiet 2-acre setting. The unit mix contains 18 one-bedroom units (700 sq ft) and 2 two-bedroom units. Alpine South was built in 1986 with a solid concrete slab and has since been updated. The HVAC is outfitted with Landlord-paid gas, gas-hot water baseboard and tenant-paid separately-metered electricity and electric sleeve units. Amenities include private patios. This single-story property caters to the senior tenant base.
MARKET:
Caro is the largest community in the thumb of Michigan – both by population and by area – and is an industrial and commercial hub for the region. As the county seat of Tuscola County, major transportation thoroughfares such as M-24 and M-81 connect Caro to Flint and Saginaw to the west and metro Detroit to the south. Known for its small-town charm, Caro is a very desirable place to live with an excellent quality of life, while offering residents more entertainment, public libraries, bird-house exhibits, big box retailers and grocery stores such as Wal-Mart and VG’s, as well as commerce & employment opportunities than typically found in rural areas. A major employer in the area is Pioneer Sugar Company, and Caro is home to one of their longest continually operated facilities.