946 Vincent Ct
Lansing, MI 48910
Old Everett
HIGHLIGHTS
- Vincent Court Apartments offer most units in a fully upgraded condition.
- The Old Everett neighborhood is far from the noisy freeways for a peaceful suburban atmosphere, but still delivers plenty of big-city amenities.
- Averaging near 100% occupancy and units are on average $125-150 below market rate.
- POIs nearby include MLK Plaza, Metro Plaza, Potter Park Zoo, Fenner Nature Center, Michigan State Uni., and more.
OVERVIEW
The REO
Vincent Court Apartments consists of 16 two-bedroom/ one-bath units averaging 800 square feet. Each unit is individually metered for water, gas, and electricity, and tenants are responsible for all utility costs. Residents can enjoy fully updated units with stainless steel appliances, new kitchens, new flooring, etc. Each unit also boasts individual entrances, washer/dryer hookups, and dishwashers.
FOR SALE DETAILS
PRICE
$1,000,000 USD
PRICE/SF
$75 USD /SF
# OF UNITS
16
PRICE/UNIT
$62,500
CAP RATE
Request Cap Rate
% LEASED
94%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
REO- Vincent Court Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
PARKING SPACES
34
LAND DETAILS
LAND ACRES
1.19 AC
LAND SF
51,730 SF
ZONING
MF
APN/PARCEL ID
01-01-32-476-031
ASK ABOUT THIS PROPERTY
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248-707-6096
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248-707-6096
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