15345 Venlo Pl - Apartments FOR SALE


Big Rapids, MI 49307
$7,660,000 USD
616-588-3444
15345 Venlo Pl, Big Rapids, MI for Sale
$7,660,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

15345 Venlo Pl
Big Rapids, MI 49307


HIGHLIGHTS

  • In walking distance of Ferris State.
  • Located East of US 131 and West of Ferris State University.

OVERVIEW

Vision Real Estate is pleased to present Venlo Place, a Multifamily / Student Housing investment opportunity located within walking distance to Ferris State University. Conveniently located just East of US 131 and just West of Ferris State University, Venlo place has a wonderful history of great leasing and occupancy, providing a stable, cash flowing asset with the opportunity to grow rent with its close proximity to a growing University.

FOR SALE DETAILS

PRICE

$7,660,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

66

PRICE/UNIT

$116,061

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Venlo Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2006

PARKING SPACES

270

LAND DETAILS

LAND ACRES

12.63 AC

LAND SF

550,163 SF

ZONING

H-1

APN/PARCEL ID

5405-016-015-002

ASK ABOUT THIS PROPERTY

Rick HapnerVision Real Estate InvestmentMore Info
616-588-3444

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Rick HapnerVision Real Estate InvestmentMore Info
616-588-3444

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