Maynard Court Apartments 25 Maynard Ct 12 Unit Apartment Building $1,750,000 ($145,833/Unit) 8.92% Cap Rate Pontiac, MI 48342
EXECUTIVE SUMMARY
100% occupied 100% turnkey. High demand townhome complex.
(12) Spacious 3 bedroom/ 1 bath townhomes offer private entrances, private walkout basements w/balconies.
Units are separately metered for gas and electric
Close to shopping and freeways.
(12) Spacious 3 bedroom/ 1 bath townhomes offer private entrances, private walkout basements w/balconies.
Units are separately metered for gas and electric
Close to shopping and freeways.
PROPERTY FACTS
| Price | $1,750,000 |
| Price Per Unit | $145,833 |
| Sale Type | Investment |
| Cap Rate | 8.92% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 16,344 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | RI - Licensed rentals with the city of Pontiac |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 12 | - | 1,362 |
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CONTACT
-
Marv Aboona - Marv Aboona
