312 N Oak St | Durand, MI 48429
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312 N Oak St
Durand, MI 48429
Oak Park Manor · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- 100% Occupied with a Waiting List
- Many Recent Capital Improvements
- One bedroom and two bedroom units are $150-$200 below market rents in current condition, $250-$350 below market rents with full unit upgrades
- Legacy Family Owned Asset- Current family has owned for nearly 40 years
PROPERTY FACTS
| No. Units | 24 | Building Size | 23,053 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Lot Size | 1.43 AC | ||
| Zoning | CM | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.43 AC |
| Building Size | 23,053 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | CM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Kitchen
- Refrigerator
- Tub/Shower
- Freezer
SITE AMENITIES
- Laundry Facilities
PROPERTY TAXES
| Parcel Number | 020-14-002-004-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $441,570 |
PROPERTY TAXES
Parcel Number
020-14-002-004-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$441,570
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