$7,000,000

6101 selby street, flint, MI 48505

Property Description
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 ce
General Information
Price: $7,000,000
Price/SqFt: $43
Status: Active
MLS#: 20261013369
City: flint
Post Office: flint
Schools: flint
County: Genesee
Subdivision: rosemont
Acres: 8.5
Lot Dimensions: 472.43X744.5
Bedrooms:0
Bathrooms:99   (99 full, 0 half)
Size: 162,898 sq.ft.
Acreage: 8.5 est.
Year Built: 1999
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior:  Vinyl
Basement:  0
Heating:  Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $62
Est. Winter Taxes:  $1
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2026 Realcomp II Ltd. Shareholders Listing By: Michael McClafferty of OakPointe Real Estate Advisors, Phone: (248) 972-7040
(810) 577-6255 Call George Tanner for more information about this property.

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