Meadows at Canton - multi-family real estate investment property
Meadows at Canton - multi-family real estate investment property
The MeadowsCommunities

Meadows at Canton

The Meadows at Canton is a 736-unit apartment community located in Canton, Michigan. There is an opportunity to substantially increase the property’s value by completing the seller’s renovation plan while benefiting from area population growth and rental demand. 

It is the only property of its vintage to have fully renovated units. The Meadows will be the affordable option for potential tenants that desire a modern unit, but cannot afford the rents at newer vintage apartment communities.

This excellent location is adjacent to I-275, a crucial transportation corridor for metro Detroit’s west suburbs. I-275 connects residents to I-96, I-696 to the north, and I-94 to the south. Together, this roadway network grants easy access to downtown Detroit and all major employment hubs throughout the metro area. 

Highlights

  • Opportunity to renovate the remaining 193 classic units.
  • Highly desirable neighborhood and 3rd highest rated public school in district.
  • Fantastic cash flow opportunity upon property stabilization and full occupancy.

Location:

Canton, MI

Units:

736

Acquired:

Q4 2021

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