Multi-Family for Sale
Catylist Listing ID: 30180041
Property Subtypes: Mixed Use
Number of Units: 11 Units
Building Size (RSF): 6,895 SF
Gross Building Area: See Agent
Gross Land Area: 10,200 SF
Sale Price: $425,000
Unit Price: $38,636.36 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Abbey Lane Building
Sale Terms: Cash to Seller
Cap Rate: 13.0%
Average Occupancy Rate: 95
Last Updated: 5/10/2021

Overview / Comments

3 X 2 Bedroom Units + 6 X 1 Bedroom Units+ 2 retail storefronts with recent 5 year leases

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 11-34-577-056
Percent Occupied: 100%
Property Located Between: Richfield & Genesee Roads
Airports: Bishop
Property Condition: Good
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,489 43,502 140,139
Median Age: 44.44 38.36 36.58
Households: 1,867 17,374 55,873
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