1315 Westview Ave | East Lansing, MI 48823
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- LoopNet Team
1315 Westview Ave
East Lansing, MI 48823
Hillcrest Village I & II · Multifamily Property For Sale
·
164 Units
INVESTMENT HIGHLIGHTS
- Two neighboring properties | 164 units | One and Two bedroom units
- Premier location with Value Add opportunities
- High occupancy with ability to increase rents
- Now Touring
PROPERTY FACTS
| No. Units | 164 | Building Size | 148,468 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1937 |
| Building Class | C | Parking Ratio | 0.15/1,000 SF |
| Lot Size | 9.04 AC | ||
| Zoning | RM32 | ||
| No. Units | 164 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.04 AC |
| Building Size | 148,468 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built | 1937 |
| Parking Ratio | 0.15/1,000 SF |
| Zoning | RM32 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Den
- Dining Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Controlled Access
- Courtyard
- Property Manager on Site
- Package Service
- Vintage Building
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 100 | - | 660 - 810 |
| 2+1 | 64 | - | 780 - 900 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,460,500 | |
| Land Assessment | $2,067,200 | Total Assessment | $3,527,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,067,200
Improvements Assessment
$1,460,500
Total Assessment
$3,527,700
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