Address
625 S Forest Ann Arbor, MI
Price
$ 7,500,000
Property Attributes
  • MLS#40192869
  • TypeMulti-Family
  • CountyWASHTENAW
  • CityAnn Arbor
  • AreaAnn Arbor
  • NeighborhoodAnn Arbor
  • Zip481 043
  • Style
  • Year Built1963
  • Taxes$ 30660
  • Price$ 7,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11454
  • Lot Size0.44 Acres
Listing Provided Courtesy Of:
Various Office Listings - 734-000-0000
Data Source:
MiRealSource (MIRS)
Property Description

Student housing portfolio of 4 well-maintained & locally owned student housing properties for sale. May be purchased outside of portfolio. All properties ideally and centrally located on the University of Michigan's campus with ample parking. Additional information available with signed confidentiality agreement. Portfolio includes 839 Tappan Street, 1312 Forest Court, 625, 629-631 S Forest Ave. All four properties (3 parcels) fro $12,000,000. TWO PROPERTIES / 1 PARCEL: 625 Forest Ave: Three-story +/- 2,430 SF property with with 5 units (1 efficiency, 1 one-bedroom, 3 three-bedroom) 629-631 S Forest Ave: Three-story +/- 9,024 SF property with twelve 2-bedroom units, some with balconies. Additional information with signed confidentiality agreement.

Price History
7/1/2021 Listed $7,500,000

General Features

Class MULTIFAMILY
Directions S University to Forest Ave
Financial Terms Cash
Listing Area Ann Arbor (81021)
Municipality Ann Arbor
Originating Mls Ann Arbor Area Association of RE
Ownership Private
School District Ann Arbor Public Schools
Source Mls MI Real Source
Status Active
Status Active
Type Multi-Family
Year Built 1963

Interior Features

Total Number of Units 17

Exterior Features

Foundation Type Basement, Crawl, Slab
Lot Size Area 0.44
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 481 043

Price
AVG $2.12M
$7.5M
Taxes
AVG $12,876
$30,660
Visits
AVG 19
66
Year Built
AVG 1914
1963
Walkscore
AVG 78
89
Data Provided by Walkscore ® not using MLS data