Blue Heron Pointe

Blue Heron Pointe is a stabilized, Class A townhome community that adds 64 luxury units to our Michigan portfolio, positioned for long-term growth and rent optimization. Built in 2013 with an average unit size of 1,500 SF, the asset was acquired off-market at full occupancy and below replacement cost. Located in Plymouth, the property attracts high-income renters working in nearby Ann Arbor and Detroit, supported by top-tier schools, shopping, and job centers. With below-market in-place rents and favorable fixed-rate financing, Blue Heron Pointe provides a strong combination of downside protection and upside through rent growth and continued demand.