Apartment City

Lake Village Apartments is one of two Ann Arbor complexes bought this month in a record- setting deal involving The Habitat Co. Chris Asadian | AnnArbor.com Two of Ann Arbor ’s largest commercial properties were bought for a combined $85.7 million this month by an entity of the Chicago-based company that had been managing them. The Habitat Co. LLC acquired Windemere Apartments and Lake Village of Ann Arbor from Northwestern Mutual Life Insurance Company . The deals set records in the Ann Arbor market for the price paid per unit, signaling local impact of the national multifamily market experiencing a rebound. Sources said the Windemere deal is a record $92,083 for the 1980s-era property on the city’s north side near Nixon Road. And the Lake Village deal , at $115,277 per unit in the complex on South Main Street , is the highest in the market, based on information available to Habitat, said Matt Fiascone , senior vice president of finance and investment. “We think it’s the high...

4 2820 Windwood Dr Ann Arbor , MI 48105 (844) 217-2848 Through my two year stay at Windemere, it deserves a 3 star rating. It served its purpose as a great starter apartment , low in cost compared to many other apartments, and a great location. However, there were always common issues of noisy neighbors, bugs coming in and out, AC mishaps, and breaking doors / cabinets. The response to these issues were always quick and got the job done. I would recommend it as a starter apartment but not long term. First, I want to say that the maintenance staff here is well-prepared, fast and top notch. They are reliable and generally awesome. As is the office staff. We have a very nice new washer/dryer combo in the the unit. The grounds are pleasant (though they have some drainage issues). And they do an excellent job of keeping the snow plowed in the winter. That being said, I have really, really mixed feelings about this complex. These are relatively pricey apartments and are marketed as fairl...