Hickory Manor

Desirable Two-Bedroom Heavy Unit Mix

• Hickory Manor features a highly desirable unit mix consisting primarily of two-bedroom apartments, supporting strong long-term tenant demand from working families and local renters seeking affordable alternatives to homeownership.

Homeownership Costs Support Rental Demand

• in 2026 the estimated monthly cost to own a median-priced home in the Owosso market is approximately $1,300–$1,500 per month after mortgage, taxes, and insurance. Hickory Manor provides residents with a more attainable housing alternative without the upfront capital requirements and ongoing maintenance costs associated with homeownership.

Limited Housing Supply Supports Rental Demand

• Shiawassee County continues to experience constrained housing inventory, with market data showing supply levels remaining below three months throughout most recent quarters.

Low-Density Community on 8.70 Acres

• Situated across approximately 8.70 acres, Hickory Manor offers a low-density suburban apartment layout with substantial green space, ample parking, and separation between buildings uncommon for similarly sized communities. The site also provides future ownership the opportunity to enhance the property through added amenities, outdoor gathering areas, recreational features, or other tenant-focused improvements.