2140 Adelpha Ave - Apartments FOR SALE


Holt, MI 48842
$525,900 USD
517-899-0213
2140 Adelpha Ave, Holt, MI for Sale
$525,900 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

2140 Adelpha Ave
Holt, MI 48842


HIGHLIGHTS

  • Located within an Opportunity Zone, offering tax incentive eligibility.
  • Convenient Holt location near schools, retail, and transportation routes.

OVERVIEW

Fantastic investment opportunity in Holt! This well-maintained 6-UNIT apartment building offers strong rent with desirable unit features throughout. Each unit includes 2 bedrooms and 1 bathroom and has been thoughtfully updated. All units are individually equipped with their own furnace, water heater, and wall A/C unit, providing efficient and independent utilities. Tenants enjoy in-unit washer and dryer, along with a full appliance package including stove, range, refrigerator, dishwasher, and garbage disposal. The property also features a large on-site parking lot with 12 total spaces, ensuring ample parking for residents. A turnkey multifamily asset with solid upside—ideal for both seasoned and new investors.

FOR SALE DETAILS

PRICE

$525,900 USD

PRICE/SF

$100 USD /SF

# OF UNITS

6

PRICE/UNIT

$87,650

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

25-05-15-436-001

ASK ABOUT THIS PROPERTY

Britni HoughtonFive Star Real EstateMore Info
517-899-0213

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Britni HoughtonFive Star Real EstateMore Info
517-899-0213

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