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238 W Saginaw St
East Lansing, MI 48823
The Uptowne Apartments · Multifamily Property For Sale
·
59 Units
Investment Highlights
- 59 one-bedroom units provide Covid-19 friendly floor plans.
- Over $2.3M in renovations
- 100% Pre-Leased for 2020/21 Academic Year
- Significant value-add potential
Property Facts
| No. Units | 59 | Building Size | 58,743 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1970/2020 |
| Building Class | C | Parking Ratio | 1.16/1,000 SF |
| Lot Size | 1.41 AC | ||
| Zoning | RM32 | ||
| No. Units | 59 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.41 AC |
| Building Size | 58,743 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2020 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | RM32 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 59 | - | 750 - 770 |
Property Taxes
| Parcel Number | 20-01-12-403-007 | Improvements Assessment | $1,476,000 |
| Land Assessment | $301,300 | Total Assessment | $1,777,300 |
Property Taxes
Parcel Number
20-01-12-403-007
Land Assessment
$301,300
Improvements Assessment
$1,476,000
Total Assessment
$1,777,300
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