6101 Selby, Flint, MI
Local realty services provided by:CENTURY 21 Northland
6101 Selby,Flint, MI
$7,000,000
- - Beds
- 99 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: michael mcclafferty
Office: oakpointe real estate advisors
MLS#:60973256
Source:MI_REALSOURCE
Price summary
- Price:$7,000,000
About this home
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....
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Home facts
- Year built:1999
- Listing ID #:60973256
- Added:142 day(s) ago
- Updated:July 24, 2026 at 01:38 PM
Rooms and interior
- Total bathrooms:99
- Full bathrooms:99
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1999
- Lot area:8.5 Acres
- Construction Materials:Vinyl Siding
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public Water
Finances and disclosures
- Price:$7,000,000
- Tax amount:$63
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