1960-1970 Aurelius Rd | Holt, MI 48842
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- LoopNet Team
1960-1970 Aurelius Rd
Holt, MI 48842
Silver Maple Apartments · Multifamily Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- Current Rents Approximately $100-$150 Below Market
- Tenant Paid Electric / Heat
- Below Market $55,833 Per Unit
- Historical Occupancy Averaging between 95-100%
- 22 Units Upgraded; 16 units fully upgraded with new kitchens and vinyl plank flooring, and 6 units upgraded with new vinyl plank flooring
PROPERTY FACTS
| No. Units | 30 | Building Size | 19,500 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 3.33/1,000 SF |
| Lot Size | 1.62 AC | ||
| Zoning | RM-1 - Multi-Family Residential | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.62 AC |
| Building Size | 19,500 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 3.33/1,000 SF |
| Zoning | RM-1 - Multi-Family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Freezer
SITE AMENITIES
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 30 | - | 650 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $635,100 | |
| Land Assessment | $75,000 | Total Assessment | $710,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$75,000
Improvements Assessment
$635,100
Total Assessment
$710,100
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