Ann Arbor, Michigan
Maplewood Apartments, Ann Arbor
Asking price
$6,250,000
Units
24
Occupancy
96%
Cap Rate
6.1%
NOI
$381,000
Description
Maplewood Apartments offers 24 stabilized multifamily units in Ann Arbor’s thriving rental market. Ideal for private or institutional investors seeking Midwest exposure with proven returns and strong tenant retention.
Property details
24-unit Class B multifamily asset in Ann Arbor
96% stabilized occupancy with consistent rental growth
Recent capital improvements (roofing, HVAC, exterior paint)
Proximity to major employment corridors and university demand drivers
Location & surroundings
Prime infill location with walkable access to retail and transit
1 mile from the University of Michigan and downtown amenities
Strong rental demand driven by student and medical sectors
Viewings & contact
Current NOI: $381,000
Projected 3-Year IRR: 13.2%
Cap Rate (as-is): 6.1%
Rent Upside: ~8%
Contact Agent:
Ann Arbor, Michigan
Maplewood Apartments, Ann Arbor
Asking price
$6,250,000
Units
24
Occupancy
96%
Cap Rate
6.1%
NOI
$381,000
Chic 1-Bedroom Apartment in Kuala Lumpur, Malaysia
Maplewood Apartments offers 24 stabilized multifamily units in Ann Arbor’s thriving rental market. Ideal for private or institutional investors seeking Midwest exposure with proven returns and strong tenant retention.
Property details
24-unit Class B multifamily asset in Ann Arbor
96% stabilized occupancy with consistent rental growth
Recent capital improvements (roofing, HVAC, exterior paint)
Proximity to major employment corridors and university demand drivers
Location & surroundings
Prime infill location with walkable access to retail and transit
1 mile from the University of Michigan and downtown amenities
Strong rental demand driven by student and medical sectors
Viewings & contact
Current NOI: $381,000
Projected 3-Year IRR: 13.2%
Cap Rate (as-is): 6.1%
Rent Upside: ~8%
Contact Agent:
Ann Arbor, Michigan
Maplewood Apartments, Ann Arbor
Asking price
$6,250,000
Units
24
Occupancy
96%
Cap Rate
6.1%
NOI
$381,000
Chic 1-Bedroom Apartment in Kuala Lumpur, Malaysia
Maplewood Apartments offers 24 stabilized multifamily units in Ann Arbor’s thriving rental market. Ideal for private or institutional investors seeking Midwest exposure with proven returns and strong tenant retention.
Property details
24-unit Class B multifamily asset in Ann Arbor
96% stabilized occupancy with consistent rental growth
Recent capital improvements (roofing, HVAC, exterior paint)
Proximity to major employment corridors and university demand drivers
Location & surroundings
Prime infill location with walkable access to retail and transit
1 mile from the University of Michigan and downtown amenities
Strong rental demand driven by student and medical sectors
Viewings & contact
Current NOI: $381,000
Projected 3-Year IRR: 13.2%
Cap Rate (as-is): 6.1%
Rent Upside: ~8%
Contact Agent:
Gallery
Gallery
Gallery
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