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32928130
32928129

161 Gale Avenue, Galesburg, MI 49053

CK
IL 475217182
Horvath & Tremblay
BB
MO MO 2005038930
Horvath & Tremblay
JP
IL 471010441
Horvath & Tremblay
Listed by Horvath & Tremblay
$2,200,000
34 days on market
Updated 34 days ago

CountryView Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 21,500
Net Rentable (SqFt) 20,425
Units 28
Cap Rate 7.25%
NOI $159,451
Occupancy 100%
Price per SqFt $108
Year Built 1960
Buildings 6
Stories 2
Acreage 1.140
Ownership Fee Simple

Multi-Family | 28 Units | $78,571/unit

Marketing description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the CountryView Apartments, a multi-family investment property located at 161 Gale Ave in Galesburg, MI (the “Property”). The Property features six (6) separate two-story buildings containing nineteen (19) 2-Bedroom/1-Bathroom units and nine (9) 1-Bedroom/1-Bathroom units with 20,425 square feet of gross living area in 21,500 square feet of gross area. The Property is situated upon a 1.14-acre parcel and features forty-two (42) off-street parking spaces.

CountryView Apartments is strategically located in the Village of Galesburg, offering residents convenient access to the surrounding Kalamazoo metropolitan area while maintaining a quiet suburban setting. Situated along Gale Avenue near M-96 and just minutes from Interstate 94, the property benefits from strong regional connectivity to major employment and retail corridors throughout Kalamazoo County.

Investment highlights

ACCESS & CONNECTIVITY

CountryView Apartments at 161 Gale Ave in Galesburg sits in a primarily caroriented location with direct access to the local road network and convenient reach to the wider Kalamazoo area via nearby major highways.

The Property is a short drive from I-94, which provides the main east-west corridor for travel to Kalamazoo, Battle Creek, and other regional employment centers, while M-96 and US-131 are also accessible for broader connectivity across southwest Michigan.

Residents have access to bus service in the greater Kalamazoo area through Metro Transit, which connects to downtown, shopping, and employment nodes in the region. Rail access is not available directly in Galesburg, but Amtrak service is available in nearby Kalamazoo, offering intercity rail connections for regional and long-distance travel.

AREA AMENITIES & DEMAND DRIVERS

CountryView Apartments at 161 Gale Avenue benefits from a strategic location within the greater Kalamazoo metropolitan area, offering residents a more affordable small-town living environment while maintaining convenient access to major regional employment and retail corridors.

The Property is situated near several major employment hubs that drive consistent residential demand, including Western Michigan University, one of the region’s largest employers and educational institutions, along with major healthcare systems such as Ascension Borgess Hospital and Bronson Methodist Hospital.

Additional nearby employment opportunities are provided by manufacturing and industrial users including Eaton Corporation, as well as the broader industrial and logistics presence throughout Kalamazoo County and nearby Battle Creek.

Local destinations such as Gull Lake Distilling Company and the nearby Gull Lake recreational corridor further enhance the quality of life offered within the surrounding area.

UTILITIES

Tenants are responsible for separately metered electricity, which they pay directly. The Landlord is responsible for providing gas powered heating & hot water and city water & sewer, which they pay directly.

OFF-STREET PARKING & AMENITIES

The Property features ample parking with forty-two (42) off-street parking spaces.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 7,000 people live within 3 miles of the Property with an average household income of $112,415. Over 14,900 people reside within 5 miles of the Property with an average household income of $121,480.

QUALITY OF LIFE AMENITIES

Local dining favorites in downtown Galesburg include Prospector's Cook House, known for its casual American fare, along with Coffee Klutch, a popular local café and breakfast spot, and Gull Lake Distilling Company, which serves as a regional destination for dining, cocktails, and entertainment.

Residents are also within a short drive of numerous national and quick-service restaurant options along Gull Road, Sprinkle Road, and the Interstate 94 retail corridor, including major chains such as McDonald’s, Taco Bell, Wendy’s, Culver’s, and Starbucks.

Retail conveniences surrounding the property include nearby grocery and convenience options such as Hardings Friendly Markets and Captain Mo’s Market, while residents also benefit from access to larger regional shopping destinations including The Crossroads in Portage, Southland Mall, and Harper Village Shopping Center in nearby Battle Creek.

Nearby recreational destinations include River Oaks County Park, which offers trails, picnic areas, and access to the Kalamazoo River, along with Galesburg Community Park and Merrill Park. Residents are also within close proximity to Fort Custer Recreation Area, Gull Lake recreational amenities, and several regional nature preserves, providing opportunities for hiking, fishing, boating, and year-round outdoor activities throughout Kalamazoo County.

Listing Contacts

CK
IL 475217182
Horvath & Tremblay
BB
MO MO 2005038930
Horvath & Tremblay
JP
IL 471010441
Horvath & Tremblay
Listed by Horvath & Tremblay

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$159,451.00
$13,287.58/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

Map

Zoning

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R-4 ResidentialMulti FamilyMultifamily District
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Last updated Apr 30, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Brian Brockman
License
6502428679
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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