127 S Union St | Shepherd, MI 48883
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127 S Union St
Shepherd, MI 48883
Rockway Village Apartments · Multifamily Property For Sale
·
33 Units
INVESTMENT HIGHLIGHTS
- Constructed in 2003 and 2004; Impeccably Maintained
- 15 Minute Drive to Alma College and MyMichigan Medical Center in Alma, and a 10 minute drive to Central Michigan University and McLaren Hospital in Mt
- Value Add Opportunity; Two Bed and Three Bed Units are $200-$250 below market
- Tenant Paid Electric / Heat
PROPERTY FACTS
| No. Units | 33 | Building Size | 30,062 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2003 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 12.83 AC | ||
| Zoning | RM2 - Residential | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 12.83 AC |
| Building Size | 30,062 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2003 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | RM2 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 33 | - | - |
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