Investment Overview
Prime Downtown Location with Direct Campus, Medical, and Riverfront Access
Foundry Lofts sits just 0.2 miles from University of Michigan (UM), placing residents within walking distance of central campus, the Medical Campus, downtown Ann Arbor’s core dining corridor, and the Huron River trail system
Investment Highlights
- Compelling Value-Add Opportunity with 100% Bed-to-Bath Parity
- Foundry Lofts offers new ownership a clear path to increase NOI by $651,300 through a 25% return-on-cost renovation program, bridging a measurable rent gap to newer-vintage comps by upgrading community amenities and unit interior finishes