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Investors Equity Group Buys Hopson Flats in Grand Rapids, Michigan

Local Investor Sells 44-Unit Apartment Building for $8 Million
The 44-unit Hopson Flats apartment building at 212-216 Grandville Ave. SW in Grand Rapids, Michigan. (CoStar)
The 44-unit Hopson Flats apartment building at 212-216 Grandville Ave. SW in Grand Rapids, Michigan. (CoStar)
By Michael Richmond
CoStar Research
January 21, 2020 | 8:00 P.M.

Local full service investment firm Investors Equity Group has purchased the 44-unit Hopson Flats in Grand Rapids, Michigan, from a private investor for $8 million, or about $190,000 per unit.

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IN THIS ARTICLE


  • Properties
  • Contacts
    • A.J. Beachum

      Associate Broker, Income Property Organization

    • Matthew Seeley

      Associate Broker / Executive Assistant, Income Property Organization

    • Bruce Lister

      Sales Associate, Income Property Organization