5 Unit Garden Apartments

Expired Multi-Family for Sale
Catylist Listing ID: 30270840
Property Subtypes: Low-Rise/Garden
Number of Units: 5 Units
Building Size (RSF): 2,688 SF
Gross Land Area: 1.56 Acres
Sale Price: $169,900
Unit Price: $33,980 Per Unit
Property Use Type: Investment
Building Name: Westgate Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2021

Overview / Comments

Fully occupied garden apartments.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Saint Clair
Taxing Authority: Kimball Township
Tax ID/APN: 74-25-002-4013-000
Percent Occupied: 100%
Property Located Between: Wadhams and Allen Roads
Highway Access: Easy access to I 94 and I 69 expressways as well as the Bluewater Bridge to Canada.
Airports: Detroit Metropolitan, Bishop and St Clair county International
Area Description: Located next to a retail center in fast growing Wadhams, Mi
Total Number of Buildings: 5
Property Condition: Average
Number of Stories: 1
Construction/Siding: Aluminum Siding
Parking Type: Surface
Total Parking Spaces: 10
Heat Type: Natural Gas
Heat Source: Wall Units
Fuel: Gas
Internet Access: Cable
Zoning Description: Commercial
Lot Frontage: 217
Lot Depth: 313
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: if this property is sold separate from 5241 Lapeer (also for sale), a driveway easement will be granted to that adjoining property.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,082 19,243 58,891
Median Age: 42.13 40.27 39.48
Households: 824 7,320 22,948


Photograph of Listing Agent

John T Robson

Keller Williams Platinum
CPIX Member
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