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2901 Mersey Ln
Lansing, MI 48911
Hiland Flatz · Multifamily Property For Sale
·
16 Units
Investment Highlights
- 5 renovated units
- Windows have been replaced
- Boiler has been repaired
- $60,000+ in upgrades
Property Facts
| No. Units | 16 | Building Size | 12,000 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1970/2023 |
| Building Class | C | Parking Ratio | 2.67/1,000 SF |
| Lot Size | 0.53 AC | ||
| Zoning | DM-1 RE | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 12,000 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2023 |
| Parking Ratio | 2.67/1,000 SF |
| Zoning | DM-1 RE |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 700 |
| 2+1 | 8 | - | 850 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $309,600 | |
| Land Assessment | $64,000 | Total Assessment | $373,600 |
Property Taxes
Parcel Numbers
Land Assessment
$64,000
Improvements Assessment
$309,600
Total Assessment
$373,600
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