Various Locations
Units: 72
Cap Rate: 9.5% Percent
Price:
Price Per Unit: $23,611
Property Type: Multi-Family
Gross Rent Multiplier:
Year Built: 1965
Monthly Income Per Unit:
Expense to Income Ratio:
Average Square Feet:
Debt Service Coverage:
Cash Flow:
ROI Year One:
Listing Agent: Joe Crane
Property Features: Portfolio consists of seven properties; 72 total units. Prices Ranging from $78,000 – $850,000. Properties Can be acquired individually. Below-market rents for all properties and close proximity to downtown Jackson.
Interior Features: –
Exterior Features: –
PRICE IS DETERMINED BY MARKET.
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LISTINGS
Dickinson Manor Townhomes
Mt. Clemens, MI | 18 Units | Price: $1,200,000 / $66,667 | Listing Agent: Greg Coulter
Everett Apartments
Lansing, MI | 50 Units | Price: $3,500,000 / $70,000 | Listing Agent: A.J. Beachum
Roseridge Apartments
Ecorse, MI | 15 Units | Price: $825,000 / $55,000 | Listing Agent: Greg Coulter
Grand River Ridge
Jackson, MI | 229 Units | Price: $16,500,000 / $72,052 | Listing Agent: A.J. Beachum
Monroe Portfolio
Monroe, MI | 74 Units | Price Determined by Market | Listing Agent: Greg Coulter
Cambridge Manor
Lansing, MI | 36 Units | SOLD: $3,375,000 / $93,750 | Listing Agent: A.J. Beachum, J.D.