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Browse More Listings in Multifamily For Sale, Wyoming, MI or Michigan

Multifamily Property For Sale

Taft Place Apartments

2860 Taft, Wyoming, MI 49519

Price:
$499,000
No. Units:
15
Building Size:
15,000 SF
Price/Unit:
$33,266.67
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
12%
Occupancy:
90%
Find Out More...

Last Verified 9/17/2009 Listing ID 15970411

Description

Great oppotunity to own a hands off multifamily property.
Property Management is in place for you and has it fully leased out.
Rehab completed with in all 15 units. Better than new property.
Call for more information.

Located just outside Grand Rapids, MI. Great location just off of 28th Ave.

Financial Summary

Actual
Net Operating Income
$60,750

Map of 2860 Taft, Wyoming, MI 49519 (Kent County)

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Presented by

Hogeboom Real Estate, LLC

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Contact Listing Broker

Jake Hogeboom (616) 250-1412

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Created 11/2/2008

Additional Information for 2860 Taft Avenue Sw, Wyoming, MI 49519

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Taft Place Apartments

2860 Taft, Wyoming, MI, 49519