Fourmidable Expands Management Portfolio with Vanderbilt Townhomes Rental Community in Michigan

BINGHAM FARMS, MI - FOURMIDABLE, a diversified, national real estate management and brokerage company that specializes in managing market rate, affordable, public housing, senior, tax credit and condominium communities, continues to expand its portfolio in Michigan, this time in the Flint area.

FOURMIDABLE has been selected as the new managing agent for Vanderbilt Townhomes specifically to help this property reach its full potential. It is the shared vision of the property owner and the FOURMIDABLE team that, with proper management and an infusion of capital to renovate the property and individual units, Vanderbilt Townhomes can be an asset in helping to revitalize the greater Flint area.

Michael Schocker, FOURMIDABLE president, said, "We see Vanderbilt Townhomes as an important addition to our management portfolio, and are looking forward to bringing it to the high-quality standards residents have come to enjoy across all of our communities."

Paul Lalli, Vanderbilt Townhomes owner, noted, "After spending two months researching different property management companies, I'm very excited that I chose to partner with FOURMIDABLE. They not only have the experience turning distressed properties around, they have the best plan to move my project forward." 

Vanderbilt Townhomes is a market rate rental community consisting of 152 multi-family units across 19 townhouse-style buildings in Mt. Morris, Michigan, about 10 miles north of Flint. Vanderbilt Townhomes, a pet-friendly community, offers spacious two- and three-bedroom floorplans, unfinished basements, private entryways, and ample green spaces with rents ranging from $495 to $625 per month.  Water and trash is included in the rent.