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.