The Landing Apartments

Global Real Estate Advisors ("GREA"), as exclusive advisor, is pleased to present the opportunity to acquire Perrin Apartments, a 25-unit multifamily asset with on-site leasing office located in Ypsilanti, Michigan — situated within one mile of Eastern Michigan University's main campus in the heart of Washtenaw County's Ann Arbor-Ypsilanti metropolitan area.

 The Property is currently vacant and being offered in its current condition with the majority of units down to the studs, presenting a blank-canvas renovation opportunity for an investor seeking to control finish quality, unit configuration, and lease-up strategy from the ground up. A select number of units remain in semi-finished condition featuring luxury vinyl tile flooring and some appliances. The building is equipped with boiler heating and includes dedicated tenant parking behind the building as well as an on-site leasing office to support operational efficiency and lease-up. The Property's immediate proximity to Eastern Michigan University — with enrollment of approximately 16,000 to 18,000 students and over 2,800 faculty and staff — offers the incoming investor flexibility to target EMU's student and graduate student population or market-rate workforce housing serving the broader Ypsilanti and Ann Arbor employment base, tailoring finishes and pricing to the highest-yielding tenant profile.