Hillcrest Village Listing Details & Market Data

GREA is pleased to present the exclusive offering of Hillcrest Village I & II in Lansing Michigan. Hillcrest Village I & II is comprised of 164, 1 and 2 bedroom multifamily units, with 104 units at Hillcrest Village I Apartments and 60 units at Hillcrest Village II Apartments. The properties are within walking Distance of Michigan State University and 3 Miles from Michigan State Capital and Downtown Lansing.  

PRIME VALUE-ADD OPPORTUNITY

Hillcrest Village has been under the same ownership for over 40 years. Through strategic management and capital improvements, new ownership will have the opportunity to achieve significant rent upside of $150-200+/unit monthly. 

PREMIER LOCATION

Hillcrest Village I & II is centrally located providing residents easy access to MSU, Downtown Lansing, the new McLaren Hospital, and only a short drive to Jackson National Life Insurance and Delta GM facility.

Hillcrest Village I & II is conveniently located just east of the Frandor Shopping Center, with speedy access to the US-127 Highway and major thoroughfares. The property is within a few miles or less of Lansing’s premier amenities including Frandor Shopping Center, Eastwood Towne Center, the Bancroft Park walking and biking trail, Sparrow Hospital, Michigan State University (MSU), and Lansing Community College.

The Michigan Avenue corridor is less than ½ mile south of the property and is rapidly evolving into Lansing’s premier work destination and has generated significant economic growth in recent years.