320 Koch Ave - Apartments FOR SALE


Ann Arbor, MI 48103
$1,849,000 USD
248-781-8076
320 Koch Ave, Ann Arbor, MI for Sale
$1,849,000 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

320 Koch Ave
Ann Arbor, MI 48103


HIGHLIGHTS

  • 6 fully-occupied units
  • 4,248 SF building
  • Prime location in Ann Arbor

OVERVIEW

*PRICE REDUCTION* Introducing a prime investment opportunity in the heart of Ann Arbor, MI. This meticulously maintained 4,248 SF property, built in 1958, presents an attractive proposition for multifamily investors. With a total of 6 fully-occupied units and a desirable R4B zoning, this property offers a stable source of income and promising future potential. Its ideal location provides convenient access to the area's amenities and attractions. Boasting 100% occupancy, this property stands as a testament to its strong rental demand and investment value. Don't miss the chance to add this exceptional multifamily property to your portfolio in this thriving market.

FOR SALE DETAILS

PRICE

$1,849,000 USD

PRICE/SF

$435 USD /SF

# OF UNITS

6

PRICE/UNIT

$308,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1958

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R4B

APN/PARCEL ID

09-29-335-005

ASK ABOUT THIS PROPERTY

George AbroAltitude Commercial Real EstateMore Info
248-781-8076

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George AbroAltitude Commercial Real EstateMore Info
248-781-8076

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