Multifamily V Michigan

Marcus & Millicap sells 12-unit apartment building in Kalamazoo

Marcus & Millichap closed the sale of 1315 Calimazoo Apartments, a 12-unit, 48-bed apartment property in Kalamazoo, Michigan.

The building sold for $1.875 million.

Michael Cagen, an investment specialist in Marcus & Millichap’s Grand Rapids office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a private investor, was secured and represented by Michael Cagen

1315 Calimazoo Apartments is located at 1315 Fraternity Village Drive in Kalamazoo. This 2003 construction property is located just 3 ½ blocks from the campus of Western Michigan University.