2961 Prynne St - Apartments FOR SALE


Keego Harbor, MI 48320
$450,000 USD
248-760-1815
2961 Prynne St, Keego Harbor, MI for Sale
$450,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

2961 Prynne St
Keego Harbor, MI 48320


OVERVIEW

The Prynne 5-Plex has 5 spacious units. 4 one-bedroom / one-bath units and 1 two-bedroom / one-bath unit, measuring 600 and 700 square feet, respectively. It was built in 1946 and has been well maintained over the years. Currently the Prynne 5-Plex is operating at 100% physical occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

5

PRICE/UNIT

$90,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prynne 5-Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C1, Keego Harbor

APN/PARCEL ID

18-01-304-021

ASK ABOUT THIS PROPERTY

Jason GardnerIncome Property OrganizationMore Info
248-760-1815

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Jason GardnerIncome Property OrganizationMore Info
248-760-1815

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