This community boasts 60 units with an excellent mix of 36 one-bedroom units, measuring 650 square feet, and 24 two-bedroom units, measuring 750 square feet. Birch Tree Apartments was built in 1969 and has been well maintained over the years with mature trees and landscaping. Currently Birch Tree is operating at 100% occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership. Even more impressive than this asset’s occupancy are the improved rents ownership is achieving on renewals and new leases. IPO has projected an NOI going forward of $381,123 based on street (asking) rents and T12 expenses. Current average rent across the units is $853. However, when the complex is brought up to market, rent increases to $1,036. Birch Tree represents a well-located asset near Lansing, poised for new ownership with a value-add mentality. Contact IPO to set up a confidential tour before it is gone.