4437 N Grand River Avenue, Lansing, MI 48906
sale
$2,300,000
|
Other
Courtesy Of Apex Appraisal Company LLC
724 Abbott Road, East Lansing, MI
Rare opportunity to acquire a 39-unit apartment community comprised of three well-maintained buildings. Strong unit mix with predominantly 2BR/1BA units. Key mechanical upgrades have been completed, including roof, boiler, water, and electrical panels, reducing future capital expenditures. Strategically located across from Capital Region International Airport, providing consistent tenant demand and an attractive value-add investment opportunity.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 39
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Floors: 2
- Heating System: Baseboard
- Heating System: Hot Water(Heating)
- MLSID: 293590
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724 Abbott Road, East Lansing, MI