- For Sale $2,900,000
- Property Type Multi-Family
- Property Size 36,000 SF
- Units 33
- Lot Size 2.1 Acre
- Year Built 1964
- Date Updated May 12, 2026
Description
Ridgewood Apartments is ideally situated in Kalamazoo, a vibrant city located approximately halfway between Chicago and Detroit along the I-94 corridor. Kalamazoo serves as a regional hub for western Michigan, offering residents easy access to a thriving downtown, a diverse dining and arts scene, and major employers in healthcare, education, and manufacturing.
Ridgewood's central location provides convenient access to Kalamazoo's primary roadways, connecting residents to a wide variety of nearby amenities, including shopping, dining, and entertainment, as well as quick commutes to surrounding communities throughout the region.MOXIE is pleased to exclusively offer Ridgewood Apartments for sale. This well-maintained all brick 33 unit property boasts an attractive unit mix, consisting of a 25 unit and 8 unit building. Rents are low and should be increased to market. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, featuring new boilers, unit renovations, and HW heaters. There are two additional parcels of land included in the sale, the buyer may be able to add additional units or parking with proper city approvals. Don't miss this great addition to your rental portfolio. To learn more or arrange a confidential tour, contact .
Highlights
- New Boilers and Many Capital Improvements
- Under Market Rents
- Value Add Opportunity
False
Contacts
Shawn Jacobs
MX Multifamily
Location
Located at 2907 S Burdick Street, Kalamazoo, MI 49001, this property is part of the Westnedge Hill neighborhood and Grand Rapids market.
Contact Listing Broker
Shawn Jacobs
MX Multifamily