1571 N Hickory Rd - Apartments FOR SALE


Owosso, MI 48867
$4,250,000 USD
248-972-7040
1571 N Hickory Rd, Owosso, MI for Sale
$4,250,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

1571 N Hickory Rd
Owosso, MI 48867


HIGHLIGHTS

  • Two-bedroom-heavy unit mix
  • Individually metered gas and electric paid directly by residents
  • Offered at $96,591 per unit and $78.77 per square foot

OVERVIEW

OakPointe Real Estate Advisors presents the exclusive opportunity to acquire Hickory Manor Apartments, a 44-unit multifamily community located in Owosso, Michigan. Situated across approximately 8.70 acres in a low-density suburban setting. Hickory Manor offers a unit mix primarily consisting of two-bedroom apartments and townhomes.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$76 USD /SF

# OF UNITS

44

PRICE/UNIT

$96,591

CAP RATE

Request Cap Rate

% LEASED

86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hickory Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.38 AC

LAND SF

495,877 SF

ZONING

-

APN/PARCEL ID

007-07-300-010

ASK ABOUT THIS PROPERTY

Michael McClaffertyOakPointe Real Estate AdvisorsMore Info
248-972-7040

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Michael McClaffertyOakPointe Real Estate AdvisorsMore Info
248-972-7040

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