248-800-0150
814 Center Ave, Bay City, MI for Sale
Apartments - FOR SALE
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null | Request Cap Rate

814 Center Ave
Bay City, MI 48708
Downtown Bay City


HIGHLIGHTS

  • High-occupancy 11-unit multifamily apartment building in the beautiful historic Downtown Bay City just west of the Saginaw River.
  • Ideally located in a quaint, walkable area with speedy access to Center Avenue, N Tuscola Road, and US-75 which connect to Detroit and beyond.
  • Perfect opportunity for investors or owner/users looking to increase net operating incomes with the option of utilizing space for themselves.
  • Downtown Bay City features scenic waterfront views and countless specialty shops, restaurants, taverns, and other storefront businesses.
  • Bay City is a predominantly renter-occupied housing market with 72% of residents renting in a 5-mile radius.

FOR SALE DETAILS

PRICE

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# OF UNITS

11

CAP RATE

Request Cap Rate

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High Occupancy | Increased NOI Potential

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1870

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C

APN/PARCEL ID

09-160-021-460-004-00

ASK ABOUT THIS PROPERTY

Colin SoltisGREAMore Info
248-800-0150

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Colin SoltisGREAMore Info
248-800-0150

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