group-investing-foote-pool

Foote Hills

Foote Hills is a three story, 182-unit apartment community, located at 4630 Common Way Dr SE, in Kentwood, MI, an affluent suburb of Grand Rapids. The property contains spacious units with an excellent mix of 1 and 2-bedroom apartments and townhomes. Located in Kent County, there are tremendous linkages to major employers and transportation. Regional shopping is also located close by at Woodland Mall and the Shops at Centerpoint.

UPDATE: GSH executed the successful sale of this property in Q1 2024. During its holding period, the property delivered a ~10% average cash-on-cash yield! Read more about this sale here.

Highlights

  • Affluent suburb in Grand rapids
  • Close to Retail and shops
  • Close to major employers
  • Sold Q1 2024

Location:

Kentwood, MI

Units:

182

Acquired:

Q1 2019

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