2403 Mackinaw St - Apartments FOR SALE


Saginaw, MI 48602
$1,895,000 USD
248-415-3023
2403 Mackinaw St, Saginaw, MI for Sale
$1,895,000 USD
Apartments - FOR SALE
1/4
null | 8.48% Cap Rate

2403 Mackinaw St
Saginaw, MI 48602


HIGHLIGHTS

  • Large Units
  • New Roofs 2021
  • Onsite Storage

OVERVIEW

Marcus & Millichap is proud to present the Mackinaw Heights Apartments located at 2403 Mackinaw St, Saginaw, MI 48602. The property has 32 units that consists of 20 one-bedroom one-bathroom units and 12 two-bedroom one-bathroom units. The community allows tenants larger than average unit square footage, a balcony or deck, additional storage for each unit, onsite and carports.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$59 USD /SF

# OF UNITS

32

PRICE/UNIT

$59,219

CAP RATE

8.48%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mackinaw Heights

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

-

APN/PARCEL ID

92002065000000

ASK ABOUT THIS PROPERTY

Gordon NavarreMarcus & MillichapMore Info
248-415-3023

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Gordon NavarreMarcus & MillichapMore Info
248-415-3023

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