ABBEY LANE APARTMENTS & RETAIL
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: |
10/7/2020 |
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 |
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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