Real Estate One-Ortonville
Gary Hintz, Real Estate One-OrtonvillePhone: (248) 535-6184
Email: [email protected]

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listing
1 of 40
MultifamilyFor Sale
$2,720,000
70 N Lester
White Cloud, MI 49349
Courtesy of Moxie Real Estate + Development
MLS: East Central AOR
Est. Mortgage
$14,140/mo

32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.

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