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1815 Edgewood Dr
Mount Pleasant, MI 48858
Colony East Apartments | Updated 40-Bed Asset · Multifamily Property For Sale · 10 Units

Investment Highlights

  • Revitalized 10-unit, 40-bed multifamily asset ideally transformed with a blend of student housing and local rentals within walking distance of CMU.
  • Property Tours Available May 13, 2024 from 1:00pm - 3:00pm. Please register for the asset before scheduling an appointment with the listing agent.
  • Excellent proximity to nationally renowned businesses, including 7-Eleven, Target, McDonald's, Walmart Supercenter, Five Guys, and many more.
  • Conveniently situated 1 mile from the Old US Route 27 corridor featuring numerous amenities just 3 miles from state trunkline highway MI 20.
  • Stabilized asset boasting 100% occupancy, in a renter-dominated location in the Mount Pleasant multifamily market with zero supply-side pressures.
  • Residents within 5 miles of Colony East have an average household income of nearly $59,000 and spend over $49 million on household costs annually.

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.59 AC
Building Size 11,700 SF
Average Occupancy 100%
No. Stories 2
Year Built 1978
Zoning CM

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Kitchen
  • Carpet
  • Patio

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
17-000-14-106-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$338,200
  • Listing ID: 31232431

  • Date on Market: 3/15/2024

  • Last Updated:

  • Address: 1815 Edgewood Dr, Mount Pleasant, MI 48858

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