Click on map to open larger version in new window.CPI has invested in apartments for over 25 years and seeks out areas like Michigan and in particular, Metro Detroit, because of strong rental demand. Typically, we are finding prices on fine Class B and A apartment complexes in premium areas selling significantly below replacement cost with 95% occupancy rates, making for highly attractive propositions. These opportunities exist in large part because of our presence in Michigan (acquiring some 700 homes) and our experience in identifying the most sought-after suburban neighborhoods.

During the acquisition analysis process, CPI determines the highest and best use for each property and how to achieve the respective goals, as all properties have unique needs and requirements requiring flexibility and creativity.

Each asset is then assigned a one- to three-year plan which might include repositioning the property into a higher asset class, if the market warrants, or physical modifications to help maintain the property at full occupancy while achieving the highest possible income objectives.

Country Meadows is ideally located in Ypsilanti, Michigan, close to numerous educational opportunities and Fortune 500 employers.

Apartment properties in Idaho (click to see photos)

The Northwoods Apartments, Coeur d'Alene

Trails End Apartments, Coeur d'Alene

Tree Top Apartments, Coeur d'Alene

Apartment properties in Michigan (click to see photos)

Carnegie Park Apartments, Southfield (Sold)

Eagle Pointe, St. Clair Shores (Sold)

Maple Grove Apartments, Hazel Park (Sold)

Westland Park Apartments, Westland (Sold)

Country Meadows Apartments, Ypsilanti  (Sold)

Lakeview Villas Apartments, Farmington Hills (Sold)

Newport Woods Apartments, Newport

Town Commons, Howell

University Green Apartments, Ypsilanti

Weathervane Apartments, Clinton Township

Country Squire Apartments, Clinton Township

Wakefield Forest Apartments, Southfield

Joint ventures with Coseo Enterprises, Inc.

Tree Top Ridge Apartments, Battle Creek

Forest Hills Apartments, Battle Creek

Wyndtree Townhomes, Battle Creek

Block 36, East Lansing

Bailey Park Apartments (formerly The Pines at Pennfield), Battle Creek 

Pointe O'Woods Apartments, Grand Rapids

Flushing Valley Apartments, Flushing

The Villas Apartments, Clayton Township