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Princeton Enterprises Acquires 200-Unit Rivercrest Arms Apartments in Bloomfield Hills, Michigan

BLOOMFIELD HILLS, MI - Princeton Enterprises, a privately held real estate investment company based in Bloomfield Hills, Mich. is pleased to announce the purchase of Rivercrest Arms Apartments located in Clinton Township, Mich.In a transaction that closed on April 9, 2015, Princeton acquired the 200 unit garden style apartment community with the assistance of Peter Jankowski of CORE Partners, who brokered the transaction on behalf of a private seller. Rivercrest Arms Apartments offers larger than average studio, one and two bedroom apartment homes featuring renovated and spacious kitchens with separate dining areas , wall-to-wall closets, additional storage, central heat and air conditioning , patio or balcony, window treatments, and more. The community amenities include an outdoor swimming pool , ample parking, locked building entrances , and laundry facilities in each building. Located off Metropolitan Parkway, Rivercrest Arms is just minutes from Lake Sai...

Income Property Organization Brokers Cottages of East Lansing to Meet Student Housing Demand -- Income Property Organization

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Cottages of East Lansing BLOOMFIELD HILLS , Mich. - Aug. 25, 2017 - PRLog -- Income Property Organization (http://www.incomepo.com/) (IPO) Income Property  Organization  is  exclusively offering The Cottages  of  East  Lansing, a purpose- built student housing community featuring 108 beds . The deadline for bids is October 12, 2017, at 4 p.m. EST. Located less than two miles from the campus of Michigan State University and opening for the 2017/18 academic year, The Cottages of East Lansing is comprised of a clubhouse and 15 cottage- style residence buildings . Each residence building contains four units with each residential unit about 1,673 square feet in size. A Confidential Offering Memorandum is available which features a drone video flyover of the property by contacting IPO. "This project appeals to established students seeking affordable shared housing with peers. Rents are projected to be competitively priced on a per bed basis," said Greg Coulter, IPO Managi...