Sue BeanBig Rapids Realty, Inc, REALTOR®

231-580-9546

White Cloud

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$2,720,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools White Cloud
  • County Newaygo
  • Township White Cloud City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Slab
  • Garage  
  • Acreage 3.12
  • Heat Type Hot Water
  • Central Air Wall Unit(s)
  • Year Built 1980
  • Style  
  • Exterior  
  • Taxes 27425.33
  • SEV 311100
  • Zoning 201 Commercial
  • Parcel 11-32-300-039
  • Lot Size 327 x 399

Features

32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.

Directions North on 37. Turn left(W) on Pine Hill St, turn right (N) on Lester
Listing Courtesy of Shawn Jacobs - MOXIE Real Estate + Development

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