5500 Kaynorth Rd - Apartments FOR SALE
Lansing, MI 48911 |
5500 Kaynorth Rd
Lansing, MI 48911
HIGHLIGHTS
- Lansing 74 is a low-rise, five-building apartment complex located in Lansing, Michigan with 74 apartments spread across 57,202 rentable square feet.
- Prime location in Lansing, Michigan with convenient access to retailers such as Target, Meijer, Dollar Tree, and ALDI.
- Highly sought-after multi-family investment opportunity to acquire a recently renovated, upgraded asset that is currently 81% occupied.
- Fantastic access to a large population base with nearly 150,000 people within five miles, 46% of whom rent their living spaces.
- Premium amenities include stainless steel appliances, in-suite washers and dryers, and exterior balconies.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Lansing 74 Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
64782
STORIES
3
YEAR BUILT
1978
PARKING SPACES
153
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
01-05-04-277-043,01-05-04-277-051
