Location
EXECUTIVE SUMMARY:
The 134 units are spread across three complexes in the downtown Lansing area. Capital Manor, Pine Street, and Ionia Street contain 76, 35, and 15 units, respectively and were built in 1923, 1965, and 1966. Another 8 units are contained in 5 houses, which are concentrated next to the apartment buildings. Current Occupancy is 85% across the portfolio. Historically the property has maintained a high level of occupancy.