- For Sale $1,850,000
- Property Type Multi-Family
- Property Size 23,396 SF
- Units 25
- Lot Size 1.57 Acre
- Cap Rate % 4.89
- NOI / YR $90,481.00
- Taxes / YR $27,041.00
- Zoning RM-2
- # of Floors 3
- Year Built 1972
- Year Renovated 2022
- Date Updated May 12, 2026
Description
Welcome to Arlington off Main! This 25 unit apartment community is unlike anything else in the market. With immediate cash flow available, improved unit fit and finish, and updated capital elements, this investment is primed for any investor that seeks stabilized cash flow day one! Rents are under market comparable to like kind communities giving the future owner the opportunity for income upside! Geographically positioned by the new Arena project in Downtown, Kalamazoo College, and Western Michigan University, the subject property will be relevant for years to come!
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Contacts
Matthew Callander
Callander Commercial
Location
Located at 525 N Arlington St, Kalamazoo, MI 49006, this property is part of the Westwood neighborhood and Grand Rapids market.
Contact Listing Broker
Matthew Callander
Callander Commercial
