Contacts
Colin Soltis
GREA
(248) 800-0150
Property Details
- Property Type Other
- Units 19
- Year Built 1970
- Date Updated Mar 23, 2024
- Website chateauvillage.sharplaunch.com
Global Real Estate Advisors are pleased to present Chateau Village in Battle Creek, MI. The property has been recently stabilized with qualified tenants which eliminated previous collection issues. Year to date, the financials are showing an upwards trend from previous years and are on pace for an NOI of over $100k in 2023.
This 19 unit apartment complex features an attractive unit mix of one 3BR/2 Bath, seven 2BR/1 Bath, ten 1BR/1 Bath, and one studio apartment. All units have been updated since 2015, and the current owner is continuing to make additional updates as units turn. All units are outfitted with electric baseboard heat which is paid for by the tenants. On-Site laundry is available and accepts electronic payments providing a tenant amenity as well as an additional revenue source for the owner.
This property is located on the eastern side of Battle Creek, just a 10 minute drive from Ford’s newly announced BlueOval Battery Park which is expected to create 2,500 jobs once operational. Other major employers in the area include Kellogg, Denso, Firekeepers Casino, and Post Consumer Brands.
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Highlights
- Ample Closet Space
- Newer Cabinets and Fixtures
- Newer Appliances
- Newer Windows
- On-Site Laundry with Electronic Payment
- Value Add Potential: Current Rents below FMR, Unit Upgrades Prove to be Positive for Rent Growth, RUBS Implementation
- New Commercial Hot Water Heater in 2022
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Battle Creek, MI
- Neighborhood Brownlee Park
- Zip Code 49014
- Market Detroit
Points of Interest
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Battle Creek
2.43 miles
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Citgo
0.49 miles
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Speedway
0.96 miles
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Marathon
1.01 miles
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BP
1.28 miles
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Citgo
1.39 miles
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Citgo
1.44 miles
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Marathon
1.56 miles
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Marathon
1.60 miles
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Marathon
1.64 miles
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Shell
2.02 miles
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Ott Biological Preserve Northwest Parking
0.61 miles
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Ott Biological Preserve Southeast Parking
0.98 miles
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Calhoun County Trailway Parking
1.02 miles
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W.K. Kellogg Foundation Parking Garage
2.08 miles
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State St. parking
2.17 miles
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Michigan Ave Parking Ramp
2.29 miles
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McCamly Place Parking Ramp
2.34 miles
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Willard Park Pubic Parking
3.88 miles
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truck parking
5.48 miles
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car parking
5.50 miles
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Home Town Inn at Battle Creek
1.92 miles
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McCamly Place
2.28 miles
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Baymont Inn & Suites
2.39 miles
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Quality Inn & Suites
3.36 miles
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TownePlace Suites
3.75 miles
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Courtyard by Marriott
3.83 miles
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Quality Inn
4.82 miles
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Best Western
4.89 miles
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Howard Johnson's
4.90 miles
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America's Best Value Inn
4.98 miles
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Komark's
1.09 miles
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Family Fare
2.14 miles
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Nina's Market
2.63 miles
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Family Fare
3.19 miles
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Wheatfield Market
3.30 miles
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Nature's Bounty Herb Shop
3.32 miles
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Aldi
4.05 miles
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Meijer
4.06 miles
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Kohl's
4.19 miles
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GFS Marketplace
4.20 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Colin Soltis
GREA
(248) 800-0150