Multi-family Housing Complex

Multi-Family for Sale
Auction
Catylist Listing ID: 30811059
Property Subtypes: Mid-Rise
Number of Units: 144 Units
Building Size (RSF): 127,860 SF
Gross Building Area: See Agent
Sale Price: See Agent
Property Use Type: Investment
Building Name: Vanderbilt Townhomes
Sale Terms: Cash to Seller
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Average Occupancy Rate: 81
Last Updated: 12/1/2022

Overview / Comments

https://www.ten-x.com/listing/6028-vanderbilt-dr-mount-morris-mi-48458/1000016958/
Multi-family housing complex consists of 18 buildings and 144 total units comprised of two-bedroom and three-bedroom townhomes with full un-finished basements at 81% occupancy. Most units have been remodeled in 2021. Family friendly gated community, featuring multiple security cameras, and play ground equipment. Complex is located just north of Flint in Mt. Morris Township and convenient to I-75 and I-475 providing quick access to surrounding cities.

Attachments & Media

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: Mt. Morris Township
Tax ID/APN: 25-14-14-400-002
Percent Occupied: 81%
Community Amenities: Play Ground
Highway Access: I-75
Property Condition: Good
Number of Stories: 18
Year Built: 1970
Year Renovated: 2021
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,638 51,467 123,340
Median Age: 31.75 35.3 36.55
Households: 3,083 19,836 48,236

Contact

Photograph of Listing Agent

Todd M. Kosta

Woodworth Commercial LLC
CPIX Member
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