2320-2355 30th St SW - Apartments FOR SALE
Wyoming, MI 49519 |
$4,200,000 USD
773-614-4071
2320-2355 30th St SW
Wyoming, MI 49519
HIGHLIGHTS
- Matthews Real Estate Investment Services TM is pleased to offer The Executive Estates located at 2320-2355 30th St SW Wyoming, MI 49519.
- features 40 2-bedroom units spanning over 5 acres in 4 separate buildings, built in 1971 and renovated in 2021 with continuous renovations since.
- Increased rents stemming from extensive capital expenditures during ownership have been realized as tenants turnover or renew leases.
- Well-managed and maintained: 95% occupied with 2 remaining units having laminate vinyl plank installed and will be leased shortly.
- Ample onsite parking available for all tenants.
FOR SALE DETAILS
PRICE
$4,200,000 USD
PRICE/SF
$123 USD /SF
# OF UNITS
40
PRICE/UNIT
$105,000
CAP RATE
8.63%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Executive Estates
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1971
PARKING SPACES
50
LAND DETAILS
LAND ACRES
2.92 AC
LAND SF
127,096 SF
ZONING
R4
APN/PARCEL ID
41-17-15-103-023,41-17-15-103-026,41-17-15-103-027
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773-614-4071
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773-614-4071
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