Roseridge Apartments – INCOME PROPERTY ORGANIZATION

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Roseridge Apartments

Available | $825,000

3844 12th Street, Ecorse, MI 48229.
Property Type: Multifamily
Number of Units: 15
Price Per Unit: $55,000
Average Square Feet: 600
Gross Rent Multiplier: 6.74
Cash Flow: $10,691
Year One ROI: 5.18%

Listing Agent: Greg Coulter

Location

EXECUTIVE SUMMARY:

This complex boasts an attractive mix of all one-bedroom apartment homes that are 600 square feet. Roseridge Apartments were built in 1956 and have been well maintained over the years. Currently, Roseridge Apartments is operating at 93.3% physical occupancy and has maintained this level of performance for many years.

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