3530 W Jolly Rd
Lansing, MI 48911
Churchill Downs
HIGHLIGHTS
- Spacious 5,910 SF Building - Thoughtfully laid out 8-unit apartment complex with efficient floorplans and solid construction
- Fully Renovated Units – Each unit has been recently upgraded, offering modern finishes that appeal to today’s renters
- Prime Lansing Location – Centrally located with convenient access to major employers, schools, retail, and public transit
- Turnkey Investment – Minimal capital improvements needed; ideal for investors seeking immediate cash flow
- Strong Rental Demand – Located in a high-occupancy submarket with consistent rental performance
- Stable Income Potential – 8-unit configuration provides diversification and minimizes vacancy risk
FOR SALE DETAILS
PRICE
$807,306 USD
PRICE/SF
$128 USD /SF
# OF UNITS
8
PRICE/UNIT
$100,913
CAP RATE
7.5%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wexford Pines Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2001
PARKING SPACES
26
LAND DETAILS
LAND ACRES
0.55 AC
LAND SF
23,958 SF
ZONING
DM-1 RE
APN/PARCEL ID
01-01-31-351-131
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248-579-5045
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248-579-5045
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