3385 Wallace Ct SW - Apartments FOR SALE


Grandville, MI 49418
$995,000 USD
616-225-1400
3385 Wallace Ct SW, Grandville, MI for Sale
$995,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

3385 Wallace Ct SW
Grandville, MI 49418


OVERVIEW

2 - 4 unit buildings on one Parcel All 2 bedroom 1 bath Common area coin op laundry (owned by property) New siding, roofing, soffit & gutters on East building 2025 New soffit and gutter West building 2025 - New roof in 2019 New boiler systems and water heaters 2010 - Refurbished 2024 All 8 units Occupied Currently monthly rent - $8300

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$342 USD /SF

# OF UNITS

8

PRICE/UNIT

$124,375

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

Commercial

APN/PARCEL ID

41-17-17-226-005

ASK ABOUT THIS PROPERTY

Ryan JagerXL Wallace LLCMore Info
616-225-1400

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Ryan JagerXL Wallace LLCMore Info
616-225-1400

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