1630 N Pontiac Trl | Walled Lake, MI 48390
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1630 N Pontiac Trl
Walled Lake, MI 48390
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Nine-unit low-rise apartment building
- Large lot allows room for expansion - additional 0.33 acres is included in the sale
- $94,648 Average HH income within 3 miles
- 100% Occupied / 5.56% Cap Rate
- High-demand area for rental properties with excellent demographics
- Corner location between two popular all-sports lakes with many neighborhood amenities nearby
PROPERTY FACTS
| No. Units | 9 | Building Size | 9,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1962/2021 |
| Building Class | B | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.60 AC | ||
| Zoning | Al | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.60 AC |
| Building Size | 9,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2021 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | Al |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- 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 |
|---|---|---|---|
| 1+1 | 9 | - | 619 |
PROPERTY TAXES
| Parcel Number | 17-26-376-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $250,850 |
PROPERTY TAXES
Parcel Number
17-26-376-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$250,850
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