Investment Overview

Marcus & Millichap is pleased to offer the Oakhurst Apartments, a 24-unit property comprised of three buildings situated in Kalamazoo, Michigan. Nestled on 1.06 acres of land, this well-maintained complex offers a favorable unit mix of four one-bedroom and twenty two-bedroom apartments. The majority of units have undergone renovations within the past five years. Additional amenities such as balconies or patios, on-site laundry facilities, and covered car ports enhance the appeal of these apartments. Kalamazoo, located in southwest Michigan, boasts a thriving local economy, a robust rental market, consistent population growth, and esteemed educational institutions such as Western Michigan University. Notably, Kalamazoo is renowned for the "Kalamazoo Promise", a program that pledges up to 100%tuition and fee coverage at public in-state community colleges or universities for eligible graduates of Kalamazoo Public Schools.