8 Unit, 100% Occupied Multi-Family For Sale
Multi-Family
for Sale
| Catylist Listing ID: |
30761134 |
| Property Subtypes: |
Mid-Rise
|
| Number of Units: |
8 Units |
| Building Size (RSF): |
5,876 SF |
| Gross Land Area: |
0.55 Acres
|
| Sale Price: |
$549,000 |
| Unit Price: |
$68,625 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.48% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
9/14/2021 |
Overview / Comments
(8) 2 Bed, 1 bath units. Well maintained Multifamily property with several capital improvements made within the last year. Each unit is separately metered for Electric, Gas, and Water. Each unit also comes with a Mini Split HVAC system, which minimizes the landlord’s expenses. On site coin laundry.
|
Additional Details
| Nearest MSA: |
Lansing-East Lansing |
| County: |
Ingham |
| Tax ID/APN: |
33-01-01-31-351-131 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,450 |
70,209 |
164,680 |
| Median Age: |
32.04 |
36.03 |
35.52 |
| Households: |
4,226 |
29,384 |
70,556 |
|
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