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CAPREIT Acquires Silver Lake Hills Apartments

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CAPREIT will renovate the community, which is surrounded by scenic wooded grounds and several nature trails. Silver Lake Hills also features commuter-friendly access to the key employment centers to the north and south.

"Fenton boasts a prime location between Flint and Ann Arbor, and we're delighted to join the neighborhood and offer quality homes at a competitive price point," said Ernie Heymann, chief investment officer for CAPREIT. "We believe this submarket will continue to grow with the continued expansion of downtown Fenton, and we look forward to serving the community."

Situated at 320 Foley Glen Drive, Silver Lake Hills sits less than a mile east of Silver Lake and less than a mile south of Lake Ponemah. Silver Lake Park is located along the shoreline of Silver Lake and provides outdoor sports courts, nature trails and picnic areas. Fenton Lake and Seven Lakes State Park are within a short drive of the community, offering a multitude of additional recreation options.

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