?? FOR SALE: Prime Mixed-Use + Laundromat Investment Opportunity – Kalamazoo, MI
Investors – secure this cash-flowing asset with built-in value-add potential:
? 16 renovated residential units
? 4 commercial retail spaces
? 10.23% - 13.1% CAP Rate | $1,330,000
? Gross Rent: $17,450/Mo | Market Rent: $21,600/Mo
? Fully separated utilities, new mechanical systems, and prime downtown location.
?? PLUS: Approved Laundromat Build-Out
Speed Queen feasibility study & architectural plans included
Monthly Net Income Projections:
? Year 1: $5,107/month ($61,286 annually) – 24% income margin
? Year 3: $12,825/month ($153,897 annually) – 42% income margin
? Year 5: $21,539/month ($258,464 annually) – 53% income margin
?? Return on Cash Investment:
Year 1: 30%
Year 3: 76%
Year 5: 128%
This turnkey laundromat opportunity is pre-approved by the City of Kalamazoo, with all feasibility, pro forma, and engineering plans ready for build-out, adding an attractive passive income stream to the residential and retail cash flow.