5313 Territorial Rd - Apartments FOR SALE


Grand Blanc, MI 48439
$2,250,000 USD
248-801-9499
5313 Territorial Rd, Grand Blanc, MI for Sale
$2,250,000 USD
Apartments - FOR SALE
1/19
null | 5.71% Cap Rate

5313 Territorial Rd
Grand Blanc, MI 48439


HIGHLIGHTS

  • Two meticulously maintained buildings, both renovated in 2023.
  • 12 units that are 100% occupied.
  • One, two, and three-bedroom floor plans.
  • Strong rental demand and desirable amenities.
  • Each unit includes garage space and basement storage.
  • Larger units have patios and walk-in closets.

OVERVIEW

Introducing an exceptional investment opportunity in Grand Blanc, MI: a 14,100 SF multi-family property featuring two meticulously maintained buildings, with a total of 12 condo units offering one, two, and three-bedroom floor plans. Recently renovated in 2023, each unit includes garage space and basement storage, presenting a highly desirable living experience. With 100% occupancy and strong rental demand, this property promises a lucrative investment in the thriving Grand Blanc area. Zoned MDM, the potential for growth and return is unmatched, making this an unmissable prospect for the savvy multifamily investor.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

12

PRICE/UNIT

$187,500

CAP RATE

5.71%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

MDM

APN/PARCEL ID

12-23-678-001,12-23-678-002,12-23-678-003,12-23-678-004,12-23-678-009,12-23-678-010,12-23-678-011,12-23-678-016

ASK ABOUT THIS PROPERTY

Noor KalashoP.A. Commercial, LLCMore Info
248-801-9499

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Noor KalashoP.A. Commercial, LLCMore Info
248-801-9499

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