2222 W Holmes Rd | Lansing, MI 48911
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2222 W Holmes Rd
Lansing, MI 48911
Newly Renovated Holmes Apartments - Lansing · Multifamily Property For Sale
·
29 Units
INVESTMENT HIGHLIGHTS
- 2222 W Holmes Road is a 29 unit apartment complex situated in the ideal market of Lansing, Michigan.
- Rare opportunity to acquire a property that will have been freshly renovated, giving any new investor a turn-key asset ready to hit the market.
- The renovation includes upgrades to unit interiors, a full roof replacement, mechanical upgrades, and parking lot improvements .
- Prime location in the heart of suburban Lansing, with streamlined downtown access, and ample surrounding retail amenities.
- Access to a strong market with improving fundamentals, including 4.8% rent growth with positive gains over the past five years.
PROPERTY FACTS
| No. Units | 29 | Building Size | 22,761 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1967 |
| Building Class | C | Parking Ratio | 1.98/1,000 SF |
| Lot Size | 0.70 AC | ||
| Zoning | C | ||
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 22,761 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1967 |
| Parking Ratio | 1.98/1,000 SF |
| Zoning | C |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
PROPERTY TAXES
| Parcel Number | 01-01-30-480-062 | Improvements Assessment | $405,700 |
| Land Assessment | $116,000 | Total Assessment | $521,700 |
PROPERTY TAXES
Parcel Number
01-01-30-480-062
Land Assessment
$116,000
Improvements Assessment
$405,700
Total Assessment
$521,700
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