DETROIT-Home Properties of Rochester, NY, a real estate investment trust, hasacquired three apartment communities with 363 units in three unrelatedtransactions for $14.7 million.Two of the properties are located in Michigan.

The Hampton Court Apartments is located in Westland. The purchase price was$6 million for the 28-year-old complex. Home Properties expects to spendabout $1.1 million on improvements during the next three years.

Bayberry Apartments is located in Troy. The purchase price was $5.7million for the 33-year-old facility. The firm plans to spend$400,000 on improvements over the next three years.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.