Location

EXECUTIVE SUMMARY:

Stonehenge is a ranch-style complex consisting of 49 units just north of M-50. It offers a unit mix of 5 studio units at 288 sq. ft., 35 one-bedroom units at 576 sq. ft., and 9 two-bedroom units at 864 sq. ft. The economic occupancy is currently at 98%. The single-story buildings with private entrances are quite popular, especially among the senior segment of the market. The units are equipped with electric “zone line” furnaces for heating and cooling, and domestic hot water is provided by electric hot-water tanks located within each unit. Unit and site amenities in-unit washer & dryer hook-ups and attic storage make Stonehenge an attractive place to call home. Stonehenge is currently 100% occupied.