917 Pearl St - Apartments FOR SALE


Saint Joseph, MI 49085
$2,495,000 USD
616-334-2630
917 Pearl St, Saint Joseph, MI for Sale
$2,495,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

917 Pearl St
Saint Joseph, MI 49085


HIGHLIGHTS

  • Modern rooms
  • Close to Downtown St. Joe

OVERVIEW

Prime St. Joseph investment opportunity! This well-positioned 18-unit apartment building offers an excellent opportunity to own a sizable multifamily asset. Located near the vibrant downtown St. Joseph area, Lake Michigan beaches, shopping, dining, parks, and local amenities, the property provides strong potential for both investors and owner-operators. With 18 units under one roof, this property offers attractive economies of scale and the opportunity to maximize rental income through thoughtful management and continued improvements. St. Joseph's strong rental demand, desirable location, and proximity to Lake Michigan make this an exciting addition to a multifamily portfolio. Opportunities of this size and location are rarely available in St. Joseph. Schedule your showing today!

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

18

PRICE/UNIT

$138,611

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

18 Unit Apartment Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

R-2

APN/PARCEL ID

76-0340-0425-00-8

ASK ABOUT THIS PROPERTY

Jason CarpenterKeller Williams Grand RapidsMore Info
616-334-2630

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Jason CarpenterKeller Williams Grand RapidsMore Info
616-334-2630

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