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Colony House Apartments 313 W Chicago St 33 Unit Apartment Building $2,805,000 ($85,000/Unit) Coldwater, MI 49036
Executive Summary
MOXIE Real Estate + Development is pleased to exclusively offer Colony House Apartments For Sale. This 33-unit complex consists of three buildings. With an attractive unit mix, there is 1 studio, 26 2-bed units, 4 3-bed units and 1 4-bed unit. The property has had many substantial capital improvements completed. Please contact us today to request the T12, rent roll and OM.
Property Facts
| Price | $2,805,000 | Lot Size | 1.22 AC |
| Price Per Unit | $85,000 | Building Size | 29,900 SF |
| Sale Type | Investment | Average Occupancy | 96% |
| No. Units | 33 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1.74/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | Commercial - Commercial Zoned District | ||
| Price | $2,805,000 |
| Price Per Unit | $85,000 |
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.22 AC |
| Building Size | 29,900 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1968 |
| Parking Ratio | 1.74/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial Zoned District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Range
- Carpet
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $750.00 | 470 |
| 2+1 | 26 | $1,200 | 1,140 |
| 3+1 | 4 | $1,300 | 1,258 |
| 4+1 | 1 | $1,400 | 1,325 |
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Property Taxes
| Parcel Number | 304-000-000-081-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,252,400 |
Property Taxes
Parcel Number
304-000-000-081-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,252,400
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Colony House Apartments | 313 W Chicago St
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