Global Real Estate Advisors (GREA) announced that Arbor One West, a 168-unit multifamily community, is being offered for sale located at 815-855 Green Rd. in Ypsilanti, Michigan.
The property features an attractive mix of one-, two- and three-bedroom floorplans and is currently 100 percent vacant, offering new ownership the rare opportunity to execute a comprehensive repositioning and lease-up strategy from day one.
Investors will have the opportunity to implement targeted interior and exterior improvements, establish professional on-site management, and lease the community into a market supported by strong renter demand and limited new multifamily supply.
Ypsilanti has historically maintained one of the highest renter concentrations in Michigan. Strategically positioned near major regional demand drivers including the University of Michigan, Eastern Michigan University and the broader Ann Arbor healthcare and technology employment corridor, Arbor One West benefits from exceptional long-term market fundamentals.
The property’s current vacancy presents investors with the rare opportunity to execute a comprehensive repositioning and lease-up strategy from a clean operational slate, while capitalizing on the continued strength of the Ann Arbor/Ypsilanti multifamily market.
Offers on the property are being accepted this Friday, June 5. For more information, visit grea.com/properties/#/arbor-one-west.
