The Meadows on Thirteen, Roseville, MI, Real Estate Investment Property
The Meadows on Thirteen, Roseville, MI, Real Estate Investment Property

The Meadows on Thirteen

The Meadows on Thirteen is a 266 unit multi-phase apartment community located in Roseville and Fraser, Michigan. Roseville and Fraser are northeast Metro Detroit middle-income suburbs. Each phase of the community is served by the best schools in their respective districts. Each phase has great linkages to major industrial, medical and retail employment bases along Groesbeck Highway, Gratiot Avenue, and between Mound and Van Dyke. The community was neglected by prior ownership for many years and presented a significant renovation and turnaround opportunity. The renovation program is extensive, and turnaround involves improving the tenant profile and occupancy during our ownership with positive net operating income growth.

Highlights

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

Location:

Roseville, MI

Units:

266

Acquired:

Q1 2018

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