920 W Grand River Ave - Apartments FOR SALE


Williamston, MI 48895
$530,000 USD
517-319-9230
920 W Grand River Ave, Williamston, MI for Sale
$530,000 USD
Apartments - FOR SALE
1/2
null | 8.06% Cap Rate

920 W Grand River Ave
Williamston, MI 48895


OVERVIEW

Call list agents for confidential offering memorandum. 8-unit apartment building situated on a 0.33-acre site at 920 W. Grand River, within the charming and growing town of Williamston, Michigan. This property offers a unique blend of convenience, comfort, and accessibility, making it an excellent investment opportunity in a market experiencing a notable increase in real estate values. This investment opportunity is a fully leased 6,300 SF multifamily property, located just blocks away from downtown Williamston, providing easy access to local amenities, shopping, and several local attractions, including the Williamston Theatre, the bustling Williamston Farmers Market, and multiple surrounding parks and recreation facilities. With convenient access to major highways and an easy commute to nearby cities, including Lansing, this location offers both the tranquility of suburban living and the convenience of urban amenities.

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

5

PRICE/UNIT

$106,000

CAP RATE

8.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Appletree Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

R-3

APN/PARCEL ID

18-03-35-377-011

ASK ABOUT THIS PROPERTY

Carson PattenMartin Commercial PropertiesMore Info
517-319-9230

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Carson PattenMartin Commercial PropertiesMore Info
517-319-9230

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