Commercial Real Estate /MI /Kalamazoo County /Kalamazoo /2050 Inverway Ct
Commercial Real Estate /MI /Kalamazoo County /Kalamazoo /2050 Inverway Ct
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2050 Inverway Ct - Apartments FOR SALE


Kalamazoo, MI 49009 | 
Off Market
1/14

2050 Inverway Ct
Kalamazoo, MI 49009

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HIGHLIGHTS

  • 18 Unit Multifamily Property with 6 Buildings available for sale with a 95% occupancy rate.
  • With the planned four-bedroom conversions, Nu Michigan Apartments is positioned to unlock substantial rent growth and long-term value.
  • The value-add program supports a pro forma CAP RATE OF 10 PERCENT.

FOR SALE DETAILS

PRICE

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# OF UNITS

-

CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Nu Michigan

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

27000

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

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APN/PARCEL ID

05-25-188-020,05-25-188-030,05-25-188-040
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