Location

EXECUTIVE SUMMARY:

Parchment Manor Apartments is a well-maintained, quiet, multifamily community 3 miles northeast of Kalamazoo, on the westside of Riverview Drive. These buildings were built in 1937 & 1914 and contain 41 units. The property offers a diversified and extremely competitive unit mix comprised of 2 studio units with approximately 513ft2 of living space, 10 one-bedroom units with approximately 575 ft2 of living space, 28 one-bedroom units with approximately 638 ft2 of living space, and 1 two-bedroom units with approximately 725 ft2 of living space. At 133. N Riverview Drive, this building has hot water baseboard heating and the landlord is responsible for the water and gas. Landlord is also responsible for common area electric. The tenants are responsible for their own electric. At 143 N. Riverview, this building has individual gas-forced air furnaces in each unit. The landlord is responsible for the water and common area electric. The tenants are responsible for their own gas and electric.

Humphrey Woods Apartments is a well-maintained, quiet, multifamily community 2.5 miles east of Kalamazoo, on the northside of Humphrey Street. This building was built in 1969 and has 34 units. The property is comprised of 34 one-bedroom units with approximately 500 ft2 of living space. The landlord is responsible for the water and common area electric. The building has electric radiant heating and the tenants are responsible for their own electric costs.

Austin View Apartments is a well-maintained, quiet, community 3.5 miles southeast of Portage, on the north side of Bacon Avenue just west of Portage Road. This building was built in 1978 and has 48 units. The property offers a diversified and extremely competitive unit mix comprised of 18 one-bedroom units with approximately 570 ft2 of living space, and 30 two-bedroom units with approximately 650 ft2 of living space. This building has hot water baseboard heating. The landlord is responsible for the water and gas. Landlord is also responsible for common area electric. The tenants are responsible for their own electric costs.

Eagles Landing Apartments is a well-maintained, quiet, multifamily community 15 miles south of Kalamazoo, ½ mile east of US-131 on the south side of Cass Street. This building was built in 1976 and contains 18 units. The property offers a diversified and extremely competitive unit mix comprised of 6 one-bedroom units with approximately 500 ft2 of living space, and 12 two-bedroom units with approximately 590 ft2 of living space. This building has electric radiant heating. The landlord is responsible for the water and common area electric. The tenants are responsible for their own electric costs.

The current owner places a high priority on making the Kalamazoo Porfolio a welcome place for its residents.