Canton Club Apartments
In August 2016, Andover acquired Canton Club Apartments, an extremely well built and maintained community located in Canton, Michigan. Canton Club underwent a conversion to market rate status for 80% of its units and the other 20% of the units at affordability status.
The acquisition was financed with a fixed rate loan through Greystone and a supplemental was then placed in December 2019, returning 119% of invested capital to its investors.
Canton Club Apartments in Canton, Michigan
Property Type: Luxury Apartments
Canton Club Apartments, located in Canton, Michigan, offers chic and spacious one, two and three bedroom floor plan designs with upgraded interior features, large walk-in closets, open kitchens and a breakfast bar for in-home entertaining. Located just off I-275 and just a short drive from downtown Detroit and Ann Arbor, Canton Club Apartments is an ideal spot for anyone who wants to rent a home in Canton, Michigan.