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POWERED BY PURLIN.AI

6101 Selby St

flint, MI 48505

$7,000,000

  • 99 BA
    approx. 162,898 SF

Interested? Let's Connect

Eagle Ridge Apartments presents a rare opportunity to acquire a stabilized 104-unit multifamily community in Flint, Michigan. Originally developed in 1999–2000 under the Low-Income Housing Tax Credit program, the property has successfully completed its initial 15-year compliance period and is currently operating within the extended-use phase. Units are income-restricted between 30% and 60% AMI, providing dependable occupancy and durable demand fundamentals.

Eagle Ridge benefits from a favorable expense structure. Units are equipped with individual HVAC systems, and tenants are responsible for gas and electric utilities, limiting owner exposure. The property operates under a PILOT program, providing predictable and controlled property tax treatment. Ownership has invested approximately $250,000 within the past six months toward parking lot resurfacing and comprehensive security improvements, reinforcing long-term asset integrity.

Community amenities include a clubhouse with fitness center, outdoor swimming pool, and shared common areas designed to support resident retention and quality of life.

Details

162,898 Sq Ft

8.5 Private Acres Lot Size

investment

$63 Annual Tax

Built in 1999

MLS/Listing ID 20261013369

105 Units

Amenities & Features

Pool - Community

Heating - Forced Air

Heating - Natural Gas

Slab

Construction - Vinyl Siding

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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