HENDRICKS & PARTNERS BROKERS 256-UNIT MULTIFAMILY SALE

by admin

OKEMOS, MICH. — The Detroit office of Hendricks & Partners (H&P) has brokered the sale of Cedar Creek, a 256-unit apartment community located at 4394 Okemos Rd. in Okemos. H&P’s Kevin Dillon and Andrew Bayster represented the seller, Farmington Hills, Mich.-based Cedar Creek Associates LP. The buyer, Orchard Lake, Mich.-based Cedar Creek MS LLC, plans to undertake significant capital improvements to the property. The acquisition price was not disclosed.

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