The meadows on Balfour, harper woods MI, Real Estate Investment Property

Meadows at Balfour

The Meadows at Balfour is a very attractive 408 unit apartment community located in Harper Woods, Michigan. Harper Woods is an inner-ring suburb of Metro Detroit. The community is served by the Gross Pointe School District. Located near the I-94 and Vernier interchange, it has great linkages to major employers throughout Wayne and Macomb Counties. The property has a strong consistent occupancy history and presented an opportunity to increase operational efficiencies through a green program, reduction of creeping legacy operating costs of a long term owner, and passing through some utility costs to tenants.

Highlights

  • Proximity to Employers
  • Close to Retail and shops
  • cosmetic renovations applied

Location:

Harper Woods, MI

Units:

408

Acquired:

Q3 2017

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