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Student Housing Portfolio

609 S Fifth Ave, Ann Arbor, MI 48104

  • For Sale Contact for pricing
  • Property Type Retail
  • Year Built 1968
  • Date Updated Dec 02, 2021

Established 100% leased for 2021-2022 student housing property portfolio for sale: 609 S Fifth Ave (1 building), and 316 E Madison Street (2 buildings). Properties are adjacent and can be combined for redevelopment or continue as high income-producing investment property. Zoning is R4C, permitted use table attached.

Prime location; walking distance to the Central Campus, Yost Ice Arena, Michigan Stadium, and the Crisler Center.

609 S Fifth Ave: 3-story property built in 1999 with 5,166 SF. It offers six 1,735 SF two-bedroom, two-bath units, and one 1,625 two-bedroom, one-bath unit.

316 E Madison Street: Two 2-story properties built in 1963 with 14,904 SF. Combined, the buildings offer 24 units with 2 one-bedroom, 1 bath units, and 22 two-bedroom, one-bath units.

Well maintained with plenty of parking.

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Location

  • City Ann Arbor, MI
  • Neighborhood Downtown Ann Arbor
  • Zip Code 48104
  • Market Detroit

Contacts

Jim Chaconas

Colliers

(734) 769-5005

Frequently Asked Questions

What is the total square footage of Student Housing Portfolio?

Student Housing Portfolio totals 20,070 square feet.

When was this property built?

Student Housing Portfolio was built in 1968.

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Contact Listing Broker

Jim Chaconas

Colliers

(734) 769-5005

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