3125 W Michigan Ave - Dormitory FOR SALE


Kalamazoo, MI 49006- Knollwood
$895,000 USD
269-888-2755
3125 W Michigan Ave, Kalamazoo, MI for Sale
$895,000 USD
Dormitory - FOR SALE
1/15
null | Request Cap Rate

3125 W Michigan Ave
Kalamazoo, MI 49006
Knollwood


OVERVIEW

This 13,752 SF building was built as a sorority house in 1999. The property consists of 1.147 acres, less than a half mile from Western Michigan University’s campus. The building has a private apartment, full commercial kitchen, with dining hall, multiple rooms, and shared bathrooms. The location is perfect for a similar shared housing group, or the zoning will allow it to be redeveloped into multi family. Offers will be considered exclusively through Kalamazoo Commercial Real Estate.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$65 USD /SF

# OF UNITS

20

PRICE/UNIT

$44,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,452 SF

ZONING

Residential

APN/PARCEL ID

06-20-310-001

ASK ABOUT THIS PROPERTY

Andrew GyorkosKalamazoo Commercial Real EstateMore Info
269-888-2755

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Andrew GyorkosKalamazoo Commercial Real EstateMore Info
269-888-2755

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