PROVO, UT - Peak Capital Partners, a Utah-based apartment investment and management company, today announced it acquired Ivan Woods Senior Apartments in Lansing, Michigan.
“The attractive 90-unit property is located in the Delta Charter Township, and is Peak’s third property in Michigan,” said Chris Manning, a managing director at Peak. “We look forward to growing our portfolio in this area.”
Ivan Woods offers one- and two-bedroom floor plans with many amenities including: controlled entry, onsite laundry facilities, beauty salon, fitness center, spacious patio, elevator accessibility, and a community room.
The community is close to several medical centers and is less than one mile south of the Lansing Mall, with more than 100 stores. It also is just minutes from Michigan State University (7.7 miles), and the Red Cedar River (5.3 miles), popular for canoeing and kayaking in the summer.
Ivan Woods is an ideal home for seniors interested in extra activities near the property. Lansing features several farmer’s markets, including the year-round Lansing City Market, one of the oldest in the country and now housed in a new $1.6 million facility on the downtown riverfront. Entertainment can be found through a mix of attractions in Lansing, including the Lansing Symphony Orchestra, Lansing JazzFest, Old Town BluesFest, and the Common Ground Festival, which attracts crowds of over 90,000 annually.
About Peak Capital Partners: Peak Capital Partners and its affiliates own and manage conventional, affordable, and student apartment communities in growth markets in the United States. Founded in 2007, the firm owns 90 apartment communities in 15 states housing 14,000 families. Visit www.peakcapitalpartners.com