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Multifamily

Birchwood Apartments

8150 E Michigan Ave, Galesburg, MI 49053

Listing Price: $2,025,000

Cap Rate
7.71%
Number of Units
22
GRM
6.34
Occupancy
95.0%
Price/Unit
$92,045
Price/Gross SF
$115.71
Gross SF
17,500

Investment Overview

Marcus & Millichap is pleased to present Birchwood Apartments, a 22-unit multifamily community located at 8150 E. Michigan Avenue in Galesburg, Michigan, within the Kalamazoo MSA. Built in 1974, the property consists of two garden-style buildings situated on an expansive 10-acre wooded parcel and offers a favorable unit mix of six one-bedroom / one-bathroom units and 16 two-bedroom / one-bathroom units. The property features on-site laundry facilities, off-street parking, ample outdoor space, and a straightforward utility structure with tenants responsible for gas and electric.

Current ownership has completed recent interior renovations, enhancing the property’s long-term appeal and reducing near-term execution requirements for an incoming investor. The property’s predominantly two-bedroom unit mix, low-density setting, and substantial wooded grounds distinguish Birchwood from more conventional multifamily communities and position it to appeal to residents seeking additional space in a quiet residential environment.

Birchwood benefits from immediate access to Interstate 94 and is located approximately 10 miles from Kalamazoo, providing convenient connectivity to the Kalamazoo/Battle Creek International Airport, major employment centers, Comstock Public Schools, and nearby recreational amenities such as Chipman Preserve. The Kalamazoo MSA is supported by a diverse economic base spanning healthcare, advanced manufacturing, life sciences, and higher education, with major employers including Bronson Healthcare, Western Michigan University, Stryker Corporation, Pfizer/Zoetis, and Ascension Borgess. Birchwood Apartments presents investors with the opportunity to acquire a well-maintained, income-producing asset in an accessible Southwest Michigan location supported by a broad regional employment base.

Investment Highlights

  • Attractive Unit Mix — Six One-Bedroom and 16 Two-Bedroom Units Across Two Well-Maintained Buildings
  • Recent Renovations — Enhanced Long-Term Appeal with Reduced Near-Term Execution Risk
  • Diverse Employment Base — Anchored by Bronson Healthcare, Stryker Corporation, Pfizer/Zoetis, and Western Michigan University

Exclusively Listed By

  • Yianni Mouflouzelis

    Associate Director Investments

    (312) 624-7074

    Email Yianni

    License(s): IL: 475.205207, MI: 6501455825, IA: S73371000

    Chicago Downtown

Broker of Record

  • Paul Kerber

    Senior Managing Director Investments

    (248) 415-2600

    License(s) MI: 6502433613

    Michigan

Multifamily

Birchwood Apartments

Listing Price: $2,025,000

Cap Rate
7.71%
Number of Units
22
GRM
6.34
Occupancy
95.0%
Price/Unit
$92,045
Price/Gross SF
$115.71
Gross SF
17,500

Investment Highlights

  • Attractive Unit Mix — Six One-Bedroom and 16 Two-Bedroom Units Across Two Well-Maintained Buildings
  • Recent Renovations — Enhanced Long-Term Appeal with Reduced Near-Term Execution Risk
  • Diverse Employment Base — Anchored by Bronson Healthcare, Stryker Corporation, Pfizer/Zoetis, and Western Michigan University

Investment Overview

Marcus & Millichap is pleased to present Birchwood Apartments, a 22-unit multifamily community located at 8150 E. Michigan Avenue in Galesburg, Michigan, within the Kalamazoo MSA. Built in 1974, the property consists of two garden-style buildings situated on an expansive 10-acre wooded parcel and offers a favorable unit mix of six one-bedroom / one-bathroom units and 16 two-bedroom / one-bathroom units. The property features on-site laundry facilities, off-street parking, ample outdoor space, and a straightforward utility structure with tenants responsible for gas and electric. Current ownership has completed recent interior renovations, enhancing the property’s long-term appeal and reducing near-term execution requirements for an incoming investor. The property’s predominantly two-bedroom unit mix, low-density setting, and substantial wooded grounds distinguish Birchwood from more conventional multifamily communities and position it to appeal to residents seeking additional space in a quiet residential environment. Birchwood benefits from immediate access to Interstate 94 and is located approximately 10 miles from Kalamazoo, providing convenient connectivity to the Kalamazoo/Battle Creek International Airport, major employment centers, Comstock Public Schools, and nearby recreational amenities such as Chipman Preserve. The Kalamazoo MSA is supported by a diverse economic base spanning healthcare, advanced manufacturing, life sciences, and higher education, with major employers including Bronson Healthcare, Western Michigan University, Stryker Corporation, Pfizer/Zoetis, and Ascension Borgess. Birchwood Apartments presents investors with the opportunity to acquire a well-maintained, income-producing asset in an accessible Southwest Michigan location supported by a broad regional employment base.

Exclusively Listed By

  • Yianni Mouflouzelis

    Associate Director Investments

    (312) 624-7074

    Email Yianni

    License(s): IL: 475.205207, MI: 6501455825, IA: S73371000

    Chicago Downtown

Broker of Record

  • Paul Kerber

    Senior Managing Director Investments

    (248) 415-2600

    License(s): MI: 6502433613

    Michigan

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