1 Cambridge Dr - Multi-Family CONDO FOR SALE


Gladstone, MI 49837
$1,800,000 USD
906-280-6949
1 Cambridge Dr, Gladstone, MI for Sale
$1,800,000 USD
Multi-Family CONDO - FOR SALE
1/16
null | 8.02% Cap Rate

1 Cambridge Dr
Gladstone, MI 49837


HIGHLIGHTS

  • Quiet neighborhood with privacy
  • Attached garages
  • Open concept floor plans

OVERVIEW

Attractive 12 unit Condominiums built to accommodate single story living with attached garages and in unit laundry rooms. Each unit has central air and heat along with Refrigerator, Range and Dishwashers. All utilities are paid by tenants and the Condo association dues pay for lawn maintenance, snow removal, and exterior maintenance. All roofs have been replaced within the last 10 years. All units are fully leased with long term tenants.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$1,636 USD /SF

CAP RATE

8.02%

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cambridge Estates

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

13,200 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,000 SF

ZONING

multi family

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Karen LaFaveJklafave propertiesMore Info
906-280-6949

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Karen LaFaveJklafave propertiesMore Info
906-280-6949

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.