Apartment building in Michigan

    Search apartment building records in Michigan to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Michigan commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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    1-10 of 10,814 results

    Popular searches around Michigan

    Reonomy operates the most comprehensive database for Michigan Apartment Building and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Michigan commercial real estate professionals. Members from Michigan include brokers, investors and service providers, many of whom specialize in Michigan Apartment Building.

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    Michigan apartment building sold prices and values

    The average assessed value of apartment buildings in Michigan is $345,595. Apartment building sale prices in Michigan have a median of $201,000. The last 24 months of sales history has seen 790 sales, with 349 sales greater than $250,000, 53 sales valued at over $1,000,000, and 7 sales valued at over $10,000,000. The average price per square foot of apartment buildings in Michigan over the last 24 months is $56.

    Values and sold prices (last 24 months) United States Michigan
    Average price/sqft $1,240 $111
    Median price/sqft $97 $56
    Average sold price $3,422,417 $795,648
    Median sold price $287,289 $201,000
    Number of sales 143,925 790
    Number of sales over $250k 78,793 349
    Number of sales over $1m 32,980 53
    Number of sales over $10m 8,218 7
    Average total tax amount $21,780 $16,118
    Average assessed value $973,545 $345,595
    Average market value $1,223,463 $688,852

    Michigan apartment building property averages

    The average lot size of apartment buildings in Michigan is 17,808 sf. This is 77% above the United States average. The average building area is 36 sf and the median year built is 1964.

    Property averages United States Michigan
    Average lot size 145,025 sf 945,274 sf
    Median lot size 7,843 sf 17,808 sf
    Average building area 613 sf 66 sf
    Median building area 62 sf 36 sf
    Median year built 1954 1964
    Average number of units 21 27
    Median number of units 4 12

    Michigan apartment building total supply

    There are 10,864 apartment buildings in Michigan. This is 197% below the United States average. The total acerage is 177,326 acres and the aggregate building area for apartment buildings in Michigan is 271,977 sf.

    Supply United States Michigan
    Number of parcels 1,597,868 10,864
    Aggregate lot acerage 24,465,828 177,326
    Aggregate building area 428,811,554 sf 271,977 sf
    Aggregate units 18,299,429 73,179

    Michigan apartment building industrial mortgages

    There are 15,660 mortgages for apartment buildings across Michigan in the Reonomy database. The average value of those mortgages is $5,462,210. This is 87% above the United States average.

    Debt United States Michigan
    Number of mortgages 4,058,722 15,660
    Average value of mortgages $2,146,109 $5,462,210

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