www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34507137
34507138

8150 East Michigan Avenue, Galesburg, MI 49053 For Sale

YM
MI MI 6501455825, IL IL 475.205207 (+1)
Marcus & Millichap - Chicago Downtown
Listed by Marcus & Millichap - Chicago Downtown
$2,025,000
2 days on market
Updated 2 days ago

Birchwood Apartments

Details
APN 07-22-105-040
Property Type Multifamily
Sub Type Apartment Building
Square Footage 17,500
Units 22
Cap Rate 7.71%
NOI $156,111
Occupancy 95%
Pro-Forma Cap Rate 8.89%
Pro-Forma NOI $180,100
Class C
Year Built 1974
Buildings 2
Stories 2
Acreage 10.000
Investment Type Value Add
Sale Condition N/A

22 Unit Operational Value Add

Marketing description

  • Attractive Unit Mix — Six One-Bedroom and 16 Two-Bedroom Units Across Two Well-Maintained Buildings

  • Recent Renovations — Enhanced Long-Term Appeal with Reduced Near-Term Execution Risk

  • Diverse Employment Base — Anchored by Bronson Healthcare, Stryker Corporation, Pfizer/Zoetis, and Western Michigan University

Investment highlights

Marcus & Millichap is pleased to present Birchwood Apartments, a 22-unit multifamily community located at 8150 E. Michigan Avenue in Galesburg, Michigan, within the Kalamazoo MSA. Built in 1974, the property consists of two garden-style buildings situated on an expansive 10-acre wooded parcel and offers a favorable unit mix of six one-bedroom / one-bathroom units and 16 two-bedroom / one-bathroom units. The property features on-site laundry facilities, off-street parking, ample outdoor space, and a straightforward utility structure with tenants responsible for gas and electric.

Current ownership has completed recent interior renovations, enhancing the property’s long-term appeal and reducing near-term execution requirements for an incoming investor. The property’s predominantly two-bedroom unit mix, low-density setting, and substantial wooded grounds distinguish Birchwood from more conventional multifamily communities and position it to appeal to residents seeking additional space in a quiet residential environment.

Birchwood benefits from immediate access to Interstate 94 and is located approximately 10 miles from Kalamazoo, providing convenient connectivity to the Kalamazoo/Battle Creek International Airport, major employment centers, Comstock Public Schools, and nearby recreational amenities such as Chipman Preserve. The Kalamazoo MSA is supported by a diverse economic base spanning healthcare, advanced manufacturing, life sciences, and higher education, with major employers including Bronson Healthcare, Western Michigan University, Stryker Corporation, Pfizer/Zoetis, and Ascension Borgess. Birchwood Apartments presents investors with the opportunity to acquire a well-maintained, income-producing asset in an accessible Southwest Michigan location supported by a broad regional employment base.

Listing Contacts

YM
MI MI 6501455825, IL IL 475.205207 (+1)
Marcus & Millichap - Chicago Downtown
Listed by Marcus & Millichap - Chicago Downtown

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,111.00
$13,009.25/mo

Valuation Metrics

0
DSCR
7.71%
Cap Rate
7.71%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Paul Kerber
License
6502433613
Brokerage
Marcus & Millichap
Brokerage Phone
(248) 415-2600
Title
Broker of Record
Name
Yianni Mouflouzelis
License
MI 6501455825
Brokerage
Marcus & Millichap
Brokerage Phone
(248) 415-2600
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591