Location

EXECUTIVE SUMMARY:

Michelle Place is a well-maintained, quiet, multifamily community located just north of I-94, between I-94 and Wick Road. This two building complex was built in 1967 and has a combined 24 units. The property offers a diversified and extremely competitive unit mix comprised of 24 two-bedroom units with approximately 850 sq.ft. of living space. The owner has put over $155,000 back into the property over the last 3 years such as, new roofs (2017), two new hot water tanks, 60% of the furnaces have been replaced, 70% of the AC compressors have been replaced, LED lighting for interior and exterior, new door keypad, and 80% of the units have been updated with fixtures, plank flooring and vanities. The units have individual furnaces with central air. The tenants are responsible for their own electric and gas, and the landlord is responsible for the water. The property has four washer and dryers for the tenants to do their laundry. The property is in excellent condition. The current owner places a high priority on making Michelle Place Apartments a welcome place for its residents.