Frankenmuth Portfolio – INCOME PROPERTY ORGANIZATION

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Frankenmuth Portfolio

Available | $2,000,000

889-911 and 995 West Ardussi St.
Frankenmuth, MI 48734
Property Type: Multifamily
Number of Units: 32
Price Per Unit: $62,500

Listing Agent: Joe Crane

Location

EXECUTIVE SUMMARY:

IPO is pleased to present two properties in Frankenmuth, Michigan. The communities combined contain 32 apartment homes. The first property, Bavaria West Apartments, was built in 1982. The complex contains 24 studio units across four buildings. The second property, 955 West Ardussi Apartments, contains 8 one-bedroom units.

Currently, both properties are operating at 95% occupancy and have maintained this high level of performance for many years. The Frankenmuth Portfolio represents two well-located assets in Frankenmuth, poised for new ownership with a value-add mentality.

MEET OUR TEAM

Founder | Managing Member, Michigan | Sales Associate, Kentucky

Associate Broker, Michigan | Broker, Illinois

A.J. Beachum, J.D.

Associate Broker, Michigan | Broker, Ohio

Associate Broker, Michigan | Managing Broker, Indiana

Sales Associate, Michigan, Ohio, & Kentucky

Sales Associate, Michigan

Paul McHugh, J.D.

Managing Broker, Kentucky | Associate Broker, Ohio | Sales Associate Michigan

Associate Broker, Michigan | Executive Assistant

Broker, Indiana | Sales Associate, Michigan & Ohio

Sales Associate, Michigan & Ohio